SEMB mandatory offer or offer to sell?

Market Sucker · 1 SEMB mandatory offer or offer to sell? Mon Mar 24, 2014 11:26 am

Market Sucker

Senior Manager - Equity Analytics

Posts : 454
Equity Stars : 4231
Reputation : 40
Join date : 2011-07-24

With the last friday buy of 2Mn shares, now Sintherveli holds over 30%, so the maximum price would be 1.70Rs considering the highest price he paid to collect over 30Mn in last month.

Jana · 2 Re: SEMB mandatory offer or offer to sell? Mon Mar 24, 2014 2:37 pm

Jana

Senior Vice President - Equity Analytics

Posts : 2587
Equity Stars : 9531
Reputation : 193
Join date : 2011-03-10

@Market Sucker wrote:With the last friday buy of 2Mn shares, now Sintherveli holds over 30%, so the maximum price would be 1.70Rs considering the highest price he paid to collect over 30Mn in last month.

Where did you got this information Which he bought 2MN on Friday? not in CSE announcement

if it is true then SEMB good to buy up to 1.50

Latest topics

SEMB mandatory offer or offer to sell?

1 SEMB mandatory offer or offer to sell? Mon Mar 24, 2014 11:26 am

Market Sucker

2 Re: SEMB mandatory offer or offer to sell? Mon Mar 24, 2014 2:37 pm

Jana