what is open offer?

#1
Hi everyone I m new to trading..could some one explain what is this open offer ? We saw hul made an open offer in april 30 and june 5th..when I check the chart hul closed around 450 in april 29 and they ordered an open offer and opens the next market day at 525..how this price attracted every investors?
 

mastermind007

Well-Known Member
#2
Hi everyone I m new to trading..could some one explain what is this open offer ? We saw hul made an open offer in april 30 and june 5th..when I check the chart hul closed around 450 in april 29 and they ordered an open offer and opens the next market day at 525..how this price attracted every investors?
Open Offer means a public announcement. It is not behind closed door. Everyone knows about it .... etc etc etc

HINDUNI is history as of July 4.

Check this out!!

http://www.traderji.com/equities/88294-crompton-greaves-buyback-offer.html
 

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