Korea / Special Sits, Pairs, Index Rebalancing, Clepsydra Capital

Sanghyun Park

I investigate special situations, pairs, and index rebalancing trades in Korea.

Korea / Special Sits, Pairs, Index Rebalancing

Korea Zinc's Buyback Results and Price Actions from Potential Sale of 9.85% Treasury to ESOP

A More Logical Take on Today’s Price Action for Korea Zinc and YPP

Entry Opportunities from Delisting Risk Due to Korea Zinc's Post-Buyback Volume Drying Up

Need a Game Plan to Tackle Korea Zinc's Buyback Tender with a 20% Proration Risk

Clepsydra Capital

Investigate special situations, pairs, and index rebalancing trades in Korea.

Event-Driven

<ul>
<li>Korea Zinc’s delayed final buyback results, but Yeouido rumors say the tender rate hit just over 10% of shares, half the target—meaning all tenders get accepted.</li>
<li>With 7-10% liquidity still in play, an open market buying race could heat up—keeping Korea Zinc’s stock elevated today, same as yesterday.</li>
<li>Will extra float lead to a fresh tender? Unlikely, given fiduciary risk. Choi might go solo, but MBK countered, squeezing him. Likely outcome: open market buildup, shareholder showdown.</li>
</ul>


Korea Zinc’s delayed final buyback results, but Yeouido rumors say the tender rate hit just over 10% of shares, half the target—meaning all tenders get accepted.
With 7-10% liquidity still in play, an open market buying race could heat up—keeping Korea Zinc’s stock elevated today, same as yesterday.
Will extra float lead to a fresh tender? Unlikely, given fiduciary risk. Choi might go solo, but MBK countered, squeezing him. Likely outcome: open market buildup, shareholder showdown.


Korea Zinc’s Buyback Likely Hit Half Target—Watch for Next Moves