Homepage
PR Newswire
21-08-2014, 01:56 PM
(21-08-2014, 01:54 PM)changwk Wrote: offer at 16c? WOW!
the FY 2014 results shows the NAV is at 31c.
the offer price is 50% lower than the NAV. what were they thinking?
rational investors will not option to cash in at 16c.
It may not succeed in privatizing the entire Company but it will be acquiring Amtek's stake nonetheless.
(Not Vested)
Disclaimer: Please feel free to correct any error in my post. I am not liable for anything. Do your own research and analysis. I do NOT give buy or sell calls and stock tips. Buy and sell at your risk. I am not a qualified financial adviser so I do not give any advice. The postings reflects my own personal thoughts which may or may not be accurate.