My mother and father personal some shares in a Romanian firm, since 1995. I’ve by no means given them any thought in any respect till now, after they have acquired a letter, from an organization registered in Cyprus, that they wish to purchase their shares (with a superb sum of money).
My mother and father at present personal 1.5% of the overall shares of this firm. It at present doesn’t difficulty any new shares.
I did some digging on this firm from Cyprus, and their Directors are different firms, so they’re loosing their monitor.
All in all, what occurs when one thing like this takes place: Mass acquisitions of the present shares from the inventory holders?
Why do they wish to purchase these? The firm is just not producing a lot I feel. I do not see it having a future.
What’s their finish purpose and will we not promote, possibly we may promote them for extra in few years?
The present Romanian firm appears to be like a bit bleak. They are an older firm with a repute for engineering, nonetheless, they’ve sunk within the final many years, they do not actually have a working web site….
However, I’ve realized that they do personal a variety of actual property in Bucharest. So possibly this firm’s worth is just not in what they at present do (engineering), however what they’ve owned all through their years of exercise?
If this may be the case, how would I, as a shareholder profit from the true property that the corporate owns?
Should we promote for this good first rate value, or as soon as the acquisition takes place, we might even be entitled to shares within the Cypriot firm that wishes to purchase these shares?