Have you experienced the stock you hold plans to delist?

[abbby]

What usually happens? Do they offer you a better price to buy over your shares?

[smoulder]

I believe the answer is it depends.

For instance I had Great Eastern stocks when OCBC proposed the buyback. Their offer price happened to be higher than my buying price. However, before the date of delisting, I saw that the market price was higher than the ocbc offer price so I sold at the market price. Having said that, the offer price and the market price was estimated to be quite undervalued.

So as you can see, not only are there several factors involved, there's also what you consider to be a good price to let go of the stock.

[abbby]

@smoulder That's a good move to sell higher than what they could offer..I'm just hoping when the time come, they can offer me higher than what I bought as I didn't buy it exactly low or hopefully the price can go up by then.