hi @Naresh thank you for consistently sharing events and your take on many delisting situations.
On TTK Healthcare, do you think the street is maybe expecting a 1300 or 1400 kind of a final price and hence there is absolutely no interest in the stock currently.?
The company saw its cash balanced improve by +Rs 573 crore YoY. (due to sale of its division)
For a floor price of Rs 1201, the promoters have already deposited Rs 432 crore in an escrow account.
Assume , they are willing to spend this slump sale money on delisting, (they will still be left with Rs 274 crore in account post this), the final price at the higher end could be Rs 1600 odd.
What are the base case or worst case scenario you are looking at?
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