Pan-Asia Catalysts/Events, Quiddity Advisors

David Blennerhassett

HK Type 4 license through Ballingal Investment Advisors Ltd. 

I'm a highly experienced sell-side analyst with in excess of 26 years of covering Asia Pacific equities, the past 20 years immersed in event strategies encompassing M&A risk arbitrage, directional long/short, stub trades and restructuring.  

My background also includes accountancy (liquidation/bankruptcy/receivership) earlier in my career and as a chief financial officer of a global commodity company based in the US and Mexico.

Pan-Asia Catalysts/Events

Northern Star (NST AU) Tactical Upside Post-Gold Fields Takeover Rejection

Stay The Course As Northern Star (NST AU) Extends Olive Branch To Elliott

Quiddity Advisors

Event-Driven

<ul>
<li>
<a href="https://www.smartkarma.com/entities/northern-star-resources-ltd" target="_blank" data-smartkarma-citation="entities:4243:1" rel="noopener">Northern Star Resources (NST AU)</a> announced two major downgrades this year, hampered by old hardware, leading to a ~19% single-day share price fall on the second cut.</li>
<li>NST made some concessions, mollifying activist Elliott (and the market). For now. I discussed this situation in <a href="https://www.smartkarma.com/insights/stay-the-course-as-northern-star-nst-au-extends-olive-branch-to-elliott" target="_blank" data-smartkarma-citation="insights:268277" rel="noopener">Stay The Course As Northern Star (NST AU) Extends Olive Branch To Elliott</a>.</li>
<li>NST announced this morning that three days prior my note it received, and (has now) summarily rejected a cash/scrip Offer from <a href="https://www.smartkarma.com/entities/gold-fields-ltd" target="_blank" data-smartkarma-citation="entities:25109:1" rel="noopener">Gold Fields (GFI SJ)</a>, or a A$27/share implied price.</li>
</ul>



Northern Star Resources (NST AU) announced two major downgrades this year, hampered by old hardware, leading to a ~19% single-day share price fall on the second cut.
NST made some concessions, mollifying activist Elliott (and the market). For now. I discussed this situation in Stay The Course As Northern Star (NST AU) Extends Olive Branch To Elliott.
NST announced this morning that three days prior my note it received, and (has now) summarily rejected a cash/scrip Offer from Gold Fields (GFI SJ), or a A$27/share implied price.


Northern Star (NST AU) Rejects Gold Fields (GFI SJ)'s Terms