PGH 1.27% 80.0¢ pact group holdings ltd

Hold vs Accept vs Sell on Market, page-13

  1. 77 Posts.
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    I had a silly question if anyone may know the answer - do ‘special deals’ exist?

    I am hoping the presence of the fund ( if it doesn’t cause RG to abandon his takeover plans altogether ) will cause RG to raise his offer to a much fairer amount that ALL of us would receive if he reaches 90% ownership and compulsory acquisition.

    However assuming the fund is able to accumulate the 5% shares that RG needs. I assume RG would need to let the takeover offer expire first. Could he then offer to pay the fund a large above market value amount for all of their shares ( for example $3 per share. ) And then upon reaching 90% compulsorily acquire the rest of our shares at market value only? ( currently $0.90 ). Does anyone know if these kind of ‘special deals’ are allowed?
 
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80.0¢
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Mkt cap ! $275.4M
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80.0¢ 80.0¢ 77.0¢ $19.17K 24.51K

Buyers (Bids)

No. Vol. Price($)
1 26292 79.0¢
 

Sellers (Offers)

Price($) Vol. No.
80.0¢ 10737 3
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