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Whats the asset value per share?what does it matter whats the ipo price?this is the fair market value right now.if i offer u creative shares at ipo value now u want take or not?
of course it is worth more than 41 cents.if u study 1980s finance,economics and watched movies like wall street greed is good,a M&A is the end of the line,a deathwatch for the company,once it has been acquired anything that is useful or valuable will be stripped,salvaged and sold.the rest of the carcass of the airline will be junked and tossed and staff completely dismantled.M&A is another codeword for the vultures are circling.
the pitiful extremely low per share valuations of sgx stocks traded are simply mind-boggling. and so many stocks in the sub-penny ranges. this is the only joke i can't reason or explain as it is totally illogical and nonsensical. at least i can rationalize mee siam mai hum. :*:
the pitiful extremely low per share valuations of sgx stocks traded are simply mind-boggling. and so many stocks in the sub-penny ranges. this is the only joke i can't reason or explain as it is totally illogical and nonsensical. at least i can rationalize mee siam mai hum. :*:
I bought Tiger shares at 1.60 and I will be gleefully accepting the buyout offer at 41 cents to maintain my 100% record of buying high and selling low. I know of only 1 other person who is neck and neck with me in this regard.
SGX should merge with Shanghai stock exchange so we can satisfy u guys insatiable appetites for rollercoasters and joyrides and seeing the market win or lose 1 trillion dollars in one week.