Monday 27 August 2012

Voluntary Conditional Cash Offer for Sakari Resources by PTT at $1.90!!!

http://info.sgx.com/webcorannc.nsf/AnnouncementTodayByCompanyNameAndCategory/C643F75D4F58CBCF48257A660083C95F?opendocument
2nd Announcement,  Voluntary becomes Mandatory Cash offer....means they are forcing u to sell at $1.90...not negotiable. So i sold at $1.90 when trading halt was lifted....no need to wait for letter...

Congrats to those who bought it!!!

Just to recap: i first bought at 1.30,1.365 and 1.49 then got stopped loss at 1.49.
then i bought again at 1.51 and 1.46 when it rebounded from 1.41(20 dMA) last week.
So now sold at 1.90....windfall...didn't expect to exit so quickly.

Next watch Noble, Genting and YZJ.


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