re: too cheap
existing shareholders have to realise that the chinese were never going to offer any "sweetner" from day 1.
if the chinese were to compulsorily any shares they did not owned, they have to pay the same price as their takeover offer price. so if you have shares in the company - do not panic and off load your shares off market to the chinese.
stop the chinese from easily acquiring shares if your purchase price is higher than their low-ball offer.
don't panic. the chinese are after 100% of the company and a listed company at that. there are protection for shareholders when the offer is unreasonable and the bid was unsolicited.
the chinese takeover is in fact a hostile takeover. their bid price is unreasonably low.
so stop selling to them off market. just don't accept their offer.
CLR Price at posting:
45.5¢ Sentiment: Hold Disclosure: Not Held
