I think they probably will (cancel). But personally I wouldn’t mind a takeover at a fair price. Private investors can easily move the windfall into a comparable share such as WHC. It should only be institutional investors who dislike takeovers; obviously it’s more challenging for them to reinvest the proceeds. (I’m ignoring all political considerations; from that angle China shouldn’t be acquiring valuable Australian coal assets imho.)
Ann: HKEx - copy of Yankuang Energy Group update, page-3
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$6.25 |
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-0.070(1.11%) |
Mkt cap ! $8.279B | |||
| Open | High | Low | Value | Volume |
| $6.24 | $6.29 | $6.22 | $3.704M | 592.5K |
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| No. | Vol. | Price($) |
|---|---|---|
| 19 | 8671 | $6.24 |
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| Price($) | Vol. | No. |
|---|---|---|
| $6.25 | 6129 | 15 |
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