Community

Share knowledge. Find answers. Ask questions.

Online Share Trading

Engage and learn about markets and trading online

Acquisition Offer

Reply
Limitless
Contributor
Hi everyone... I see there is an offer on the table for TOR shares. Whats the house view on the stocks and the offer?
0 Kudos
Reply
4 REPLIES 4
Stlucia
Occasional Contributor
We will see what happens on Friday. There are some major shareholders besides Stellar Capital that own about 43% of the company, there would have to be a fair price for them to sell, unless there is a offer of shares that is favourable. I am hoping for R2.00 but its likely that the current price will prevail. There is also a chance that the mandatory offer will fizzle out
0 Kudos
Reply
Highlighted
Stlucia
Occasional Contributor
We will see what happens on Friday. There are some major shareholders besides Stellar Capital that own about 43% of the company, there would have to be a fair price for them to sell, unless there is a offer of shares that is favourable. I am hoping for R2.00 but its likely that the current price will prevail. There is also a chance that the mandatory offer will fizzle out
0 Kudos
Reply
Super Contributor
1.25 x 1.27 = 1.58 less time. So logic dictates that you sel now to achieve a decent premium. dreams of higher offers... Are usually just that.
0 Kudos
Reply
Super Contributor
1.25 x 1.27 = 1.58 less time. So logic dictates that you sel now to achieve a decent premium. dreams of higher offers... Are usually just that.
0 Kudos
Reply