Post by
august202013 on Mar 20, 2023 10:41am
HYPOTHETICAL CASE JUST FOR REVIEW
WOULD ANY LONG-TERM MINORITY MEDMIRA SHAREHOLDERS ACCEPT AN OFFER PRICE OF 0.20 CANADIAN CENTS FOR A TAKE OVER BID BY KELVIN LOH OF IHH GROUP? OBVIOUSLY SOME MAY SAY YES BECAUSE CURRENT PRICE IS 0.105 MOST WILL SAY NO JUST BECAUSE AFTER GOOGLING THE BACKGROUND OF THE SUITOR. QUESTION IS WHAT IS THE RIGHT PRICE THAT WILL TRIGGER ALL THE MINORITY SHAREHOLDERS TO AGREE? MAYBE SOME WILL SAY 0.89 OR 0.50 BUT SHOULD'NT KELVIN LOH TRY TO COLLECT AT THESE LEVEL AS MUCH AS POSSIBLE THROUGH A NOMINEE FIRST BEFORE AN OFFER IS MADE OFFICIALLY.
NEXT HURDLE AT WHAT PRICE WILL MM & FAMILY IS WILLING TO EXIT? MOST LIKELY NOT LOWER THAN $1. SO DO THE MATH FELLOW LONG-TERM MEDMIRA SHAREHOLDERS. BEEN PAINFUL TO WAIT BUT THY SHALL BE REWARDED.
THE WAITING CONTINUES.