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Acquisition Offer

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Highlighted
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?
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4 REPLIES 4
Highlighted
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
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Highlighted
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
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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.
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Highlighted
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