Memstar Technology

[orangetea]

The recent slump in price of the company, provided an opportunity for those interested.

(vested)

No problem at all.
This was not in radar/watchlist.
Small qty, not so much difference.
Its arbitrage play since above mentioned
"The key numbers are $1.10 (issued price of UEL's shares) and $0.11 (valuation of MemstarT by UEL)"
Hence memstar at 0.08 is about 25% discount which is still good enough for a tikam

Thanks btw!

Divested at 0.099 cos the discount between UEL and MS has turned negative.

The calculated was taken from KopiKat on Jul 31

UEL (U19) 0.935 (Current price)
UEL Value per share 0.098 (Tabulated)
Memtech (5MS) 0.099 (Current price)
Discount -1.41% (Tabulated)

(Divested)