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0.00% $1.80 hunnu coal limited

Ann: Hunnu Announces all Cash Offers from Banpu , page-11

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  1. crackpot
    4,975 Posts.
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    14/09/11
    10:57
    Post #: 8957044
    re: Ann: Hunnu Announces all Cash Offers from... re the gap from takeover price

    think about it in reverse - if you were a buyer - why would pay the offer price?
    - there's a risk (however small) it not go thru
    - and there is the cost of financing your position (money cost)

    plenty saw this coming (as did I), unfortunately for me I wasn't smart enough to keep my position running. congrats to all holders.
    HUN Price at posting: $1.72 Sentiment: Sell Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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