Buy @ $0.75. Q’d this morning when it was going up and thot’ it won’t get done. After lunch, saw that it’s done and the price now lower! The Sgx Annc that Frasers will acquire the 17.7% stake of AllCo and the Trust Mgmt co. is positive if it goes thro’ (still got risk it may fail). Good discount to the $0.83 that Frasers will be paying for their stake but note the risk that it’s not a done deal till Aug. Seller code ’73’ – Macquarie. 😀
Buy more @ $0.72 at 3:11pm. Seller code ’08’ – CS. Looks like it’s headed for $0.6x like 2Qs ago!