long term holders who clearly deserve a better outcome for propping up the company for many years or more recent holders & those who will be able to average down to an acceptable level & calling for a sell as it's a great deal for them
those promoting "we" on here whilst no longer holding makes for shallow conversation
this entitlement on face value appears to cover at least two areas favouring shenghe:
1 - shareholders get to pay the way for shenghe even further
2 - with the offer value, it will have introduced many new entrants onto the registrar (30m traded on first 3 days after offer) and looking to garner as many yes votes for the good deal they will get
also thinking the if factor & that's an extremely huge IF, say another bidder arrives and got control of the company, i would think the off take agreements with shenghe would be null and void
no doubt it's wishful thinking, but there are a few months ahead of us just yet
PEK Price at posting:
26.0¢ Sentiment: Hold Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)