NEC 1.89% $1.30 nine entertainment co. holdings limited

congrats, page-8

  1. 6,439 Posts.
    What you'll find is that the current sp won't run up too far away from the current offer on the table

    Downside risk still exists, offers are almost always conditional

    Even though I think this will end up going for $2.00+ the sp will only trade at about 5% above any current offer

    When we see circa $1.80 from Xinjang, then sp will trade circa $1.90

    Then we wait for NHC revised offer, at say $2.00, sp will trade at $2.10

    etc etc

    Cheers
 
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