06-23-2016, 01:36 PM
'Stavros' pid='72657' datel Wrote:I disagree Admin. I don't think the IOC share price will take a hit from a NO DEAL vote. WHY? Because Phil Mulacek is a very smart guy and wants to increase the value of his shareholdings. He wants to stop this Deal so that other parties will immediately step in and announce better Deals. Do you think he's been sitting at Harry's quaffing a Jug of Cold Ones while waiting for 28 July to roll around? I think he's lining up NO Votes and lining up Replacement Deals. http://harrys.com.sg/find-us
Well, that would be good news and you have more insight into his movements than I do. I was merely refering to the general principle that take-over targets usually surge on the news and fall if the deal doesn't materialize.
But you're right, a no vote isn't necessarily the end of it.