Goodpack stock privatisation offer was confirmed on the evening of 27 May 2014 with the announcement that KKR would be offering $2.50 a share to investors. When I read the offer, I was very surprised because according to analyst reports published, the thinking is that the offer made by KKR, if any would be in the range of $2.60 to $3.00. Though the justification is that the offer price is around 6.8% premium to Goodpack’s last-traded price of $2.34 on 26 May 2014 before Goodpack stock went on a halt, the $2.50 is still pretty much not compelling. On the day after the “close to acquisition” news was announced, Goodpack stock went as high as $2.51 and this $2.51 is the highest traded price of Goodpack ever since its trading on the SGX. Hence if a trader has bought many lots of ......