102635473 :
The answer is that you remain shareholder, alongside with OCBC, of Great Eastern with no market to freely trade shares (post-delisting from SGX).
$Great Eastern (G07.SG)$ hate these kind of thing. buying shares carry it own risk. people need to stop whining when they lose money. hate that OCBC is doing these. should let the market decide the true price of the asset. unfair.
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報告
12moon :
Ocbc needs to acquire 7.4m GE shares and it will be delisted. Big volume 818k shares traded last Friday.
102454616 :
Ocbc buying more shares from GE is like giving child pocket money. How much people holds GE compare to ocbc quietly buying over the years. It is an institution game.
103138869スレ主 :
I was just trying to figure out why would anybody buy above offer price. means that there are some who feel ocbc should and will offer more.
$Great Eastern(G07.SG)$Exiting early. Decided not to sit around and wait. Might regret later, but happy to take a 37% profit anyday. Managed to sell a little higher than offer price so I’ll take it.
wc2c : Revise the offer price if OC is sincere.
VaderMoomooスレ主 wc2c: u mean OCBC will revise and buy back?
102635473 : The answer is that you remain shareholder, alongside with OCBC, of Great Eastern with no market to freely trade shares (post-delisting from SGX).
VaderMoomooスレ主 102635473: Good Sia.. minority share holder