Premium Over Traded Prices Means A Fair Offer?
Monday, August 2, 2010
A privatisation offer priced at a premium over traded stock price does NOT necessary means the offer price is fair.
Paying the minority shareholder premium peanuts still means the minority shareholder is getting peanuts.
And a peanut is a peanut is a peanut is a nut.
And not all investors are nuts.
Do not insult us.
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