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No one yet seems to commented on the strangely exact price of...

  1. 5 Posts.
    No one yet seems to commented on the strangely exact price of 243.55p bid for KAH. My take on this (having lived for 22 years in Hong Kong) is as follows:

    1) Revised initial bid price for KAH was 270p.
    2) For usual "face" reasons (especially valid in a state controlled company, rather than a private one), and what has happened in world economy since revised initial bid rejected by Takeover Panel, is that final price paid has to be a little bit below 270p and ideally a "lucky" number, i.e. involving an "8".
    3) CGNPC would expect to have to raise their 3rd bid price of 243.55p. A raise of "double figures", i.e. at least 10%, is good psychology with investors.
    4) 10% of 243.55p is 24.355p => 267.905 is up 10%. So they will go for 268p.
 
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(20min delay)
Last
0.9¢
Change
0.000(0.00%)
Mkt cap ! $18.65M
Open High Low Value Volume
0.9¢ 1.0¢ 0.8¢ $32.19K 3.571M

Buyers (Bids)

No. Vol. Price($)
8 4871738 0.8¢
 

Sellers (Offers)

Price($) Vol. No.
0.9¢ 617246 1
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Last trade - 15.40pm 17/06/2025 (20 minute delay) ?
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