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03-08-2023, 03:46 PM
ghchua,
Offeror's latest (2Aug23) position stands at 88.68%. If and when it crosses 90%, minority shareholders can start to worry and re-evaluate their options/decisions carefully again. Until then, Offeror's and its financial advisor's worries are more and many folds : deadlines, accurate and timely disclosures, laws and regulators, costs (professional fees, borrowing interest, etc.), reputation, etc.
I think many remaining minority shareholders like me will continue to simply sit tight and just do nothing till the end.
Offeror's latest (2Aug23) position stands at 88.68%. If and when it crosses 90%, minority shareholders can start to worry and re-evaluate their options/decisions carefully again. Until then, Offeror's and its financial advisor's worries are more and many folds : deadlines, accurate and timely disclosures, laws and regulators, costs (professional fees, borrowing interest, etc.), reputation, etc.
I think many remaining minority shareholders like me will continue to simply sit tight and just do nothing till the end.