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$22.00 cimic group limited

The majority shareholder offer have no intention of keeping...

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tealblue

229 Posts.

15

29/03/22

11:47

Post #: 60488216
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Originally posted by nunga123: ↑

Hi just wondering what other Cimic Group Shareholders are doing, are you taking the offer at $22 from Hochtief, my understanding is if you do not accept the offer you will lose your Cimic shares as they will be de - listed, once Hochtief takeover is this correct, why dont we get the offer to have Hochtief shares instead? at this point if I take the $22 offer I will be taking a rather big loss which is a really big kick in the guts, really think the Cimic Group Shareholders have been shafted. Thx Peter.

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The majority shareholder offer have no intention of keeping Cimic a public listed company hence the cash offer. My holdings is tiny but Ill likely lose 30% once compulsory takeover notice comes through. I’m not interested in releasing my holdings unless I’m forced to.

All the best on your decision.

CIM Price at posting: $22.02 Sentiment: Hold Disclosure: Held
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