Orient Refractories: Speculation cum Special situation
Dear Readers, This is with respect to Orient Refractories (NSE Code – ORIENTREF): Speculation cum Special situation opportunity initiated on 14th May’12 for the Alpha + members. This opportunity was initiated in May’12 at around Rs 34.5 and was based on a speculation regarding takeover of Orient Refractories by RHI AG, Germany. Well, the news of RHI acquiring controlling stake in Orient Refractories have re-surfaced and can be accessed here https://in.finance.yahoo.com/news/germanys-rhi-ag-buy-controlling-204020314.html If the deal does go through at the suggested…