CHT.L Share Price (CHT)

I sold my shares as the US tax on the payout made the payout unattractive compared to the current price.

Am surprised share price is still 228p.£ is now $1.2160, so cash is worth 241p & loan of 43 cents at full price another 35p. No price movement despite purchases of 835,000 shares on Jan 6th, 725,000 just reported for Jan 4th & another 200,000 so far today, worth £2m, £1.7m & £0.45m. Payout day now just over three weeks time. Does anyone know why price is so far away from theoretical 276p?

Sorry the loan note of 43 cents is 5% payable in 7 years.Does this mean to get the 34 pence of the 270p we have to wait till 2024 or cash we sell the notes before then?

Agree shame to be taken out as I have been a long term holder. I don't understand why with the bid at 270p the price is 215p. I don't understand the 54 cent,I think it was, 5% loan element .It mentioned unquoted so how do you get your full 270p. A vague hope that the newly appointed advisers will come up with a better bid by Dec25th but as the board almost control CHT not likely. Any enlightenment would be welcome as I am abroad & cannot afford to speak to my broker!

A shame really to sit for ages through the riskiest stages and when it finally seems to take off the boss buys everybody out, ok, at a premium but for us long time investors that price, and higher, would soon have crystallized. The price, £2.70, only looks good because his dollar price $2.93 is exchanged at the current $/£ rate. Had this been before the brexit vote his offer would only have been worth around £2.05, a price which would not have been accepted. CHT is a brilliant brexit-proof investment case however Paul Parmar awarded himself all the shareholders' brexit bonus.