PGH 0.00% 82.5¢ pact group holdings ltd

Ann: Takeover offer for PGH - Letter to shareholders, page-16

  1. 623 Posts.
    lightbulb Created with Sketch. 272
    if you look at it, from yesterday, the on market volumes seemed to be low and price steadying. And today, he got an extra 2 million suggesting off market transferring. Even post office couldn't work that fast, indicating either HSBC or JP Morgan or Citi offloaded it, since they are the only 3 other than Tic got that amount as a fund to have that volumes. The volume looks to me coming from HSBC or JP Morgan.

    Hence, if individual accounts don't swing, he at max will stop at 86% range even by combining forces of 3 funds.

    Last edited by williamteddy: 07/02/24
 
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