Shares & Derivatives
AAG Privatisation Offer at 1.85 Thoughts
By Investing Thoughts  •  February 21, 2023
To start off, i was planning on going 3 trips next month, upgrade my phone , take some money off the market and take a break because i  thought i would have net a profit similar to 2022 already when the announcement of AAG Energy was being halted due to takeover related announcement, Following the announcement, i guess none of them will likely happen and i have to in-fact consider booking a trip to hk instead as it is a scheme of arrangement at a price of 1.85 To put things in perspective, the offer is not bad as it is a 10% increase from the price before it was halted (1.68). However, it just seriously undervalues the company and the overtaking company has already stated that the scheme will not be increased and the offeror does not reserve the right to do so. It has also stated that it will not be able to offer again within 12 months should the scheme not go...
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By Investing Thoughts
Age 25, currently doing part-time. Studied in NTU as a Banking and Finance student. Also known as zzxiaoboizz Enjoys doing equity research and investing. Currently vested in Hong Kong and Singapore listed Equities Would pen some of his thoughts here. Also enjoys watching concerts.
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