Jangho kicks HLS Board where it hurts, page-8

In my humble opinion - $3.25 will be a cheap steal for Jangho, and the current 18% gap to market price (current price of $2.77) will soon once the market understands this is pretty much a done deal.

I expect HLS Board to approve, Jangho has been friendly to them since 2015, previously doing a deal back in 2015.

http://www.pulsehealth.net.au/files/8d2af3583b0596243PrimaryHealthCareSaletoJanghoGroup.pdf

HLS board and management will be taken care of, I expect quick approval for the benefit of Shareholders - and Jangho’s all cash offer $3.25 is trying to create quick certainty.

I hope/expect a bidding war, the final settlement price will be much higher, and I expect Jangho to counter bid as they desire to own HLS, to expand the model to the mainland.

They had previously acquired Australi’s largest ophthalmology operator - VEI (out bidding pulse healthcare)

https://www.copyright link/street-talk/chinas-jangho-group-makes-offer-for-vision-eye-institute-20150813-giyc9k