OCBC made announcement that Great Eastern private offer price was 25.6.
It was 18.7 yesterday, 37% premium.
I didn't hold this stocks. OCBC hold Great Eastern shares 89% many years.
SG and HK stocks market had low liquidity problem. But it was not bad for value investors, many stocks were undervalued and high dividend yield.
Congratulations to all Great Eastern retail investors.
$Great Eastern(G07.SI)$
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments