$Dyna-Mac(Delisted) (NO4.SG)$ hanwha can buy from open marke...

IamArnold : why not sell to hanwha instead?

PigsCanFly OP : Was worried that they will not get controlling stake because it looks like the estate will hold on to at least 30%

IamArnold PigsCanFly OP : then the more you need to sell to hanwha, isn't? since you are selling anway, just sell to the highest bidder for max profit, isn't?

PigsCanFly OP : Yes, by right should do that. Anyway, I did indeed sell to hanwha but at 0.665 instead of 0.67. So they saved 0.005 on my 250k shares.

PigsCanFly OP : TBH, I am shifting the funds i used for dyna-mac to Genting Singapore because I believe that share price for G13 will go up during year end as per the trend for the last few years. I forgo this 0.005 and even if Genting goes up by $0.01 before 6th Nov , I would probably make more than selling at 0.67.
The best scenario for dyna-mac is that hanwha gets controlling stake but the estate, Teo Boon Hwee, AC Lim don’t sell(adds up to about 30-40%) remaining 10% for us to play. Started buying this counter because I feel that AC Lim can make this company bigger but am worried that hanwha will take revenge and push him out after they get controlling stake because he made them pay 0.07 cents more by asking for an independent valuer.

Soulstalker : is our share automatically sold ?

PigsCanFly OP : You need to accept the offer by the deadline

Houseoflove : how do we accept the offer? First timer here. by replying to the email?