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He can buy at lower than 235 anytime he want. If he buy now at 250....he need to pay 15 to all those who had sold their shares to him before. So those who dream of 250 or above.... Keep dreaming.
Closing in on 75%....share price dropped... LKT buying up....and there are still some who is dreaming of above 3. Next stop is 170. If all goes well.... EGM would be in May to vote for voluntary delisting.
If LKT controlling about 74% and not much liquidity is in the market.... He can still buy at 1. 80 or below.... What makes you think the price will go up to 2 and he is under any legal obligation to make an offer to buy at 235 or above? Time for you guys to wake up from your dreamland!!!!
EGM.... 75% majority vote with less than 10% oppose. Then reso will pass for delisting. He got close to 74% now and I'm sure his driver, maid, gardener and some of his mahjong kaki, golfing kaki combined will make up the 1% he need.
