coming down to yr price my friend, now at 63.5 cents. Just about 7 more days to go and the potential suitor & the HTL's Phua brothers will finalise the acquisition price, tho I don;t think it will be a lot higher (or lower) than the announced indicative price of $1.00. The worse thing is the deal is called off. Then ..... HTL go diving. omg
Anyday this week, and by Feb 20, the final price will be announced. May have more info about the deal too. This could be a catalyst for the share price? Of course..... (Trading around 68.5 cents today)
"The Parties initially agree that the price for each Share shall be S$1.00. The final price of the Proposed Acquisition shall be determined by bilateral negotiation, which shall be confirmed by the parties no later than 20 February 2016."