PMV is 23% now. At this rate of acquisition, Solomon will need 13 years to mop up the whole lot and he will just be celebrating 90 years of age.
alternatively, he can do this after 5 years from now when he gets above 51% controlling stake and then do a general offer to mop up all shares. In 5 years time, MYR share price may be $2 then. Haha
MYR Price at posting:
49.5¢ Sentiment: Buy Disclosure: Held
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