I'm still gunning for this to turn unconditional on the first closing date, or 10th Jan, and therefore payment, say 20th January. Trading at a moderately attractive 1.5%/19.8% gross/annualised return.
What is covered in the Full Insight:
Introduction to CPMC Takeover
Background on Competitive Bidding and Offers
New Developments and Current Status
Details of ORG's Offer and Market Conditions
Conclusion and Investment Implications
Boomeranged on Fri, 27 Dec 2024 08:48
Zhang Wei has tendered his 22.01% stake. So, this is done and will turn unconditional, possibly early next week. Then payment seven business days later. So, say 10th January perhaps. See more comments in "Discussions" at the bottom.
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