17-01-2015, 10:54 AM
Yup agree with you that the current "wide" spread is due to the uncertainty of the remaining shares.
Some questions to think about:
1. With Hap Seng holding 51%@0.24 after the deal, does it give us enough margin of safety after the deal?
2. Before the deal, 73.4% are in the hands of SSH. After the deal it can increase to 87% depending on the acceptance level. With shares tightly controlled, what will happen to the share price?
3. With Hap Seng coming in as a business partner, will it help Hafary to expand its business?
Vested
(144lots)
Some questions to think about:
1. With Hap Seng holding 51%@0.24 after the deal, does it give us enough margin of safety after the deal?
2. Before the deal, 73.4% are in the hands of SSH. After the deal it can increase to 87% depending on the acceptance level. With shares tightly controlled, what will happen to the share price?
3. With Hap Seng coming in as a business partner, will it help Hafary to expand its business?
Vested
(144lots)