re: Ann: Hunnu Announces all Cash Offers from... So no other HUN holder has an opinion?
I am still in two minds about this.
A quick capital gain now, 55% not bad.
Or...
If Banpu hold at least 90% of the shares, shares traded on the ASX will be thin. A tightly held stock could mean bigger gains down the track, especially when the mines start producing in a few years time.
It could be difficult to buy back in again then.
After all, why are Banpu currently offering a premium for HUN.
They might know they are sitting on something worth significantly more than $1.80.
Why bother otherwise?
They could have slowly acquired on-market for significantly less.
My real sentiment is: Not sure.
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