HUN 0.00% $1.80 hunnu coal limited

Ann: Hunnu Announces all Cash Offers from Banpu , page-17

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  1. 1,364 Posts.
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    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.
 
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