do baiyin really intend to buy our shares?, page-4

if they buy on market it would go towards their sub holding notification, I believe they couldnt, as this is their +20% bid. I dont know the specifics of the law, but I believe if they are looking to break 20% they need to post their intentions and stick to said intentions.


Those shares at 53 CPS are ONLY allowed to be purchased if there isnt enough shares bought out.

By the sound of it they arent obligated, but I'm pretty certain they will... They want 60-75% (but probably would take more too). As people said, this offer is low ball, why not take up as much as you can get.

People seem to dislike the deal then post contradictory statements about how this deal is too lowball, but then how the chinese dont want to do it and will try to burn holders... Why would they burn holders if they can just get your shares for cheap.

The chance of this deal falling through is incredibly low... This deal provides less upside to those who are selling than it probably should.

Those are the 2 facts of this T/O deal.