I just think there is a lot of caution around and then those too that have other reasons for moving on.Hence the selling, as you would have to think 18% further on your money in 3 mnths is worth waiting.
I will be surprised if the sp doesn't creep up a bit sometime in that period. Maybe it will get a bit of traction once/i a few brokers recommend it as a good bet with limited risk. Maybe as things progress, a bit of news hear and there!!??
Does anyone know if Dingyi are able to buy in this period. I am not across the ASX, SEHK and TSX to know what their rules are in this situation. As shareholdings are public it will hit the register but would be nice to know now. Anyone mates with a broker or someone at the Registry??
If Dingyi are buying they are getting it at a big discount to the Offer.
K2P Price at posting:
54.0¢ Sentiment: Hold Disclosure: Held
