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23-09-2014, 09:39 PM
I received an SMS from Stanchart today saying that there's a corporate action (tendor offer) that requires my action. No further details provided - that's the sucky thing of buying through custodian acct. Anyone else receive such notification?
I think it's the $0.16 offer by Harmony.What if we don't accept the offer?
I'm not very inclined to sell at this price given the BV of the company. If I read correctly, there's a clause in the offer doc that says once Harmony hits 90% ownership, they can acquire the remaining 10% by force.
I think it's the $0.16 offer by Harmony.What if we don't accept the offer?
I'm not very inclined to sell at this price given the BV of the company. If I read correctly, there's a clause in the offer doc that says once Harmony hits 90% ownership, they can acquire the remaining 10% by force.