SMRT stock has resumed trading after the announcement that Temasek Holdings will be taking SMRT stock private. The offer price is $1.68 and SMRT stock rallied after the trading halt to trade close to the offer price. Investors who went in definitely wanted to get SMRT stock for as close a price to SMRT’s last traded price before the trading halt but I would not be surprised if some investors choose to buy at a price very close to the offer price, say at $1.66. Why is that so?Well, it could be that these investors have pockets to buy a large tranche of stocks, say, at least 10,000 shares so that if the offer price is just two cents more than their buy price; they would have pocketed $200 in profits. But I think there is a larger reason which also causes some retail investors to buy ......