BOC Flares up over 20% on announcement of Delisting….blogged on this possibility earlier in January 2010…bet comes good…Look out for more MNC’s taking this route
On June 15,2010,BOC announced that they had received a proposal from their majority shareholder for voluntary delisting at a price not less than Rs 225.29….The very next day BOC zoomed to a 52 Week High of Rs 314.90…It’s Rs 286 today Check out their detailed announcement here http://www.bseindia.com/xml-data/corpfiling/announcement/BOC_India_Ltd_150610.pdf On January 19,2010 I had blogged on this very …