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 22 years of covering Asia Pacific equities, the past 19 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

Quiddity Advisors

Event-Driven

<ul>
<li>On the 6 November, cloud communication outfit <a href="https://www.smartkarma.com/entities/whispir-ltd" target="_blank" data-smartkarma-citation="entities:29125:1" rel="noopener">Whispir (WSP AU) </a> <a href="https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02736167-3A630162" target="_blank" rel="noopener">announced</a> a A$0.46/share unconditional Offer, in cash, from mobile messaging software play Soprano Design.</li>
<li>The Offer price was a 92% premium to Whispir’s recent private placement, and a 60% premium to the undisturbed price. Whispir rejected the Offer.</li>
<li>Pendula subsequently emerged with a A$0.57/share NBIO. Soprano "countered" with A$0.52/share. Pendula upped its indicative Offer to A$0.60/share. An independent expert's fair value is between A$0.486/share-A$0.565/share.</li>
</ul>


On the 6 November, cloud communication outfit Whispir (WSP AU)  announced a A$0.46/share unconditional Offer, in cash, from mobile messaging software play Soprano Design.
The Offer price was a 92% premium to Whispir’s recent private placement, and a 60% premium to the undisturbed price. Whispir rejected the Offer.
Pendula subsequently emerged with a A$0.57/share NBIO. Soprano "countered" with A$0.52/share. Pendula upped its indicative Offer to A$0.60/share. An independent expert's fair value is between A$0.486/share-A$0.565/share.


Whispir (WSP AU): Soprano & Pendula Jostle for Control

Whispir Ltd

Whispir (WSP AU): Soprano & Pendula Jostle for Control