re: Ann: Hunnu Announces all Cash Offers from...
So no other HUN holder has an opinion? I am still in two minds about this.
A quick capital gain now, 55% not bad. Or...
If Banpu hold at least 90% of the shares, shares traded on the ASX will be thin. A tightly held stock could mean bigger gains down the track, especially when the mines start producing in a few years time.
It could be difficult to buy back in again then.
After all, why are Banpu currently offering a premium for HUN. They might know they are sitting on something worth significantly more than $1.80. Why bother otherwise? They could have slowly acquired on-market for significantly less.
My real sentiment is: Not sure.
HUN Price at posting:
$1.72 Sentiment: None Disclosure: Held