Pan-Asia Catalysts/Events, Quiddity Advisors

David Blennerhassett

HK Type 4 license through Ballingal Investment Advisors Ltd. 

I'm a highly experienced sell-side analyst with in excess of 22 years of covering Asia Pacific equities, the past 19 years immersed in event strategies encompassing M&A risk arbitrage, directional long/short, stub trades and restructuring.  

My background also includes accountancy (liquidation/bankruptcy/receivership) earlier in my career and as a chief financial officer of a global commodity company based in the US and Mexico.

Pan-Asia Catalysts/Events

Austal (ASB AU)'s Placement Puts The Skids On Near-Term M&A

Austal (ASB AU): Hanwha's NBIO Is A Non-Starter

Quiddity Advisors

Event-Driven

<ul>
<li>Recently, I surmised FIRB would approve <a href="https://www.smartkarma.com/entities/sociedad-quimica-y-minera-de-chile-sa" target="_blank" data-smartkarma-citation="entities:27977:1" rel="noopener">Sociedad Quimica y Minera (SQM US)</a>/Hancock's bid for <a href="https://www.smartkarma.com/entities/azure-minerals-ltd" target="_blank" data-smartkarma-citation="entities:16538:1" rel="noopener">Azure (AZS AU)</a>; but ding <a href="https://www.smartkarma.com/entities/hanwha-ocean-co-ltd" target="_blank" data-smartkarma-citation="entities:12531:1" rel="noopener">Hanwha Ocean (042660 KS)</a>'s <a href="https://www.smartkarma.com/entities/austal-ltd" target="_blank" data-smartkarma-citation="entities:14420:1" rel="noopener">Austal (ASB AU)</a> tilt. I'm batting 50%. </li>
<li>Whereas FIRB <a href="https://announcements.asx.com.au/asxpdf/20240430/pdf/0631wdsf6wd6kn.pdf" target="_blank" rel="noopener">gave the green light</a> for Azure this week; reportedly (no official ASX announcement as yet), the Aussie government is "not concerned" with Hanwha's acquisition. Austal gained 3% yesterday.</li>
<li>Even Austal didn't high hopes of securing Aussie approval. Presumably the US government is similarly onboard. This development also signals an expanding AUKUS security pact. </li>
</ul>


Recently, I surmised FIRB would approve Sociedad Quimica y Minera (SQM US)/Hancock's bid for Azure (AZS AU); but ding Hanwha Ocean (042660 KS)'s Austal (ASB AU) tilt. I'm batting 50%. 
Whereas FIRB gave the green light for Azure this week; reportedly (no official ASX announcement as yet), the Aussie government is "not concerned" with Hanwha's acquisition. Austal gained 3% yesterday.
Even Austal didn't high hopes of securing Aussie approval. Presumably the US government is similarly onboard. This development also signals an expanding AUKUS security pact. 


Sociedad Quimica y Minera de Chile (SQM US)

The Bigger Picture As Aussie Government "Approves' Hanwha Ocean's Austal Bid

Austal Ltd

The Bigger Picture As Aussie Government "Approves' Hanwha Ocean's Austal Bid