Re: CEE to conduct tender offer
I would say tender the shares. I sold out before I knew the secret tender had been approved so its up since I sold my position but you can wait out and bag the higher tender price. The managers were hoping they wouldn't have to tender so they kept the measurement period secret. But now that its been done those who held on can benefit.
I suppose there could be a price drop but now that the tender is official I would think prices would be rising into the tender closing. If you want out of the position I'd say went til the closing date gets much closer as they'll likely be pros buying shares wanting to tender newly purchased shares.