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What lies ahead?
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chipchip66
Master |
02-Dec-2006 22:56
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What will be the will offer price? My guess is 45c a share! |
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chipchip66
Master |
02-Dec-2006 22:24
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I wonder who bought into PCRD o Friday? 80m shares changed hands. i bought 20lots. Anybody in this forum also bought on Friday? |
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chipchip66
Master |
02-Dec-2006 22:12
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Having been a bug for excitement for so long, I could not resist my temptation to get into this stock on Friday! What lies ahead really is anybody's guess.Who are the players involved? Mr. Li, his Daddy , China Netcomm and minority shareholders!! First offer of 30.5c has been rejected together with a special payout.So, this is where i think Mr.Li is brilliant. He is actually getting investors noticed that PCRD is worth more than 30.5c which he is getting minority shareholders involved. To cut story short, investors will offer an irresistable offer for his stake. Market will also expect him to offer a higher price which i feel is coming. Furthermore, with his daddy apparently also interested, this would make it more real. Holders of PCRD should therefore hold on to their shares and see the story unfold. Anyway, this is my personal opinion and not an inducement to trade!! |
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