ICQ icar asia limited
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Its unlikely they will block the deal. They purchased most of...

  1. Schmucky
    1,031 Posts.
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    14/01/22
    14:44
    Post #: 58868904
    Its unlikely they will block the deal. They purchased most of their investment (mid 40s) after the deal with Carsome was announced so its likely they were just trading the arb with the takeover price. The short time to deal completion (1 month) with the spread blowing out to ~4% is quite a good opportunity.
    ICQ Price at posting: 51.3¢ Sentiment: Hold Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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