I FULLY AGREE WITH YOU AS I REMEMBER THAT YEARS BACK CMP OF GSK HEALTHCARE WAS TRAILING PHARMA ABOUT Rs.200 AND NOW THE HEALTHCARE IS QUOTING AT Rs.4400/- SO ANY TIME GSK PHARMA WILL CROSS Rs.4000/-. VESTED PARTIES HAVE HAMMERED THE PRICE SO INNOCENT INVESTOR COULD OFFER SHARES IN BUYBACK. I AM
6.11 PM Mar 8th
Cannot understand why the broker of yours is saying that. As per CNBC 1.01.1.02 times the open offer has been suscribed to. Hence the retail shares offered to GSK pharma will be accepted not 100% but to the extent of 88-90% only. Hence the talk of shortfall does not exist atall.
2.58 PM Mar 6th
Source:Business Today - Photo: Reuters The Britain-based GlaxoSmithKline Plc`s voluntary open offer to the shareholders of its Indian subsidiary GlaxoSmithKline Pharmaceuticals (GSK Pharma) is scheduled to start on Tuesday.The global healthcare major plans to invest Rs 6,390 crore to raise its
12.21 PM Mar 6th
Actually for GSK pharma it is Kurvy agency which has been authorized by GSK to buy the shares from open market since this open offer has started. Even today the price you see is just an artificial price as Karvy will and can buy on GSK behalf till tomorrow after which the market price will crash
12.05 PM Mar 4th
Copyright © e-Eighteen.com Ltd. All rights reserved. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express written permission of moneycontrol.com is prohibited.