Challenger privatisation offer closes with 97.8% valid acceptances
#1

https://www.straitstimes.com/business/ch...cceptances
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#2

Huat ah
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#3

This company really ridiculously niow…! But lucky they increased the offer from 0.56 to 0.6. I believe they would have gotten away with 0.56 too if they want… f up company…

Now is… by when can get the $?
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#4

(27-07-2023, 08:11 AM)Raphael05 Wrote:  This company really ridiculously niow…! But lucky they increased the offer from 0.56 to 0.6. I believe they would have gotten away with 0.56 too if they want… f up company…

Now is… by when can get the $?

56 to 60 is absurd. ..they have been keeping alot of cash and not distributing it as dividends.

This is yet another case of taking advantage of small minority shareholders.

I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
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#5

major shareholders win.
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#6

So the remaining 2.2% that never accept will be forced to sell to the taker. Stock business is like that.
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#7

When can get the money back ah? No news yet ah? Later they take 6 months and our money all stuck there
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