I humbly submit that I am not an expert. I used to participate in most of the Buybacks including the Goldiam International (possible loss to a reasonably remarkable extent). Sorry for my inability to answer you.
@ Wannable - you can Finance the 2 lacs buy of share for buyer who will pay you GMP i.e. 5500-6000 irrespective of Profit or loss is made by complete buyback procedure.
Mode: Tender Offer
Price: Rs.500/-
Record Date: August 25th
Size: 31,00,000 shares ( 1.87% of the total paid up shares )
Happy investing.