Total Bulls shares = 445,599,851 Xinhao own 15.3% = 68,176,777 Leaves 377,423,074 in other hands. (inc emr) EMR own 220,036,775. Remaining 157,386,299. Xinhao own 68,176,777. Add to remaining = 225,563,076 Minus 636,905 witdrawn . Remaining unaccepted = 224,926,171.
As per Automic Group acceptance summery, green box. (224,926,171)
It appears that EMR do not count Xinhao holdings in the total remaining shares. Assuming they will not sell.
Nevertheless we will get to 50% today and 51% tomorrow , thus having the controlling interest. Possibly 55% - 60% after Friday.
A massive majority. Not many have sold to Xinhe. The wait and see people, can only see success for EMR and come in from the cold.
EMR Price at posting:
$1.16 Sentiment: Buy Disclosure: Held
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