EDC price fluctuation vs tender offer price
Energy Development Corporation With the recent announcement of a Voluntary Tender Offer for EDC Shareholders, price fluctuation below the tender offer price can potentially give an investor/trader a good gain in a relatively shorter period of time. Tender Offer Details - Tender Offer Price: P7.25 per share - Offer Period: August 10 ~ September 18, 2017 - Closing/Cross/Settlement Date: September 29, 2017 Trading Plan - Accumulate at below tender offer price with consideration of upside potential, sell to the market near offer price or higher. - Participate in the tender offer if remaining position cannot be disposed off the market.
