Aguytrying wrote:According to the laws of Kenya. a takeover price must be at least 30% higher than the price before suspension. 12.50*1.3= 16.25.
like many people have expressed here, the lifting of suspension co-inciding with profit warning could be a way of softening up investors to a lower strike price.
only a few more hours.
1) Ebu, tell me WHERE this 'law' is... Pap. Please include all the info possible so we can look this up to make our own interpretation.
2) If KK wanted the takeover price to be lower (using the 30% 'law') then why re-start trading? Previously, it was 12.50 but now 14.25 as the VWAP.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett