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wah! Its falling to almost its relisting level! Heng ah... I never go in...
errr... can I ask.. what's the difference if it opens at 0.7 or at 1.30?
can someone tell me the significance? I'm a noob.
ya, think it started at $1.30
but why not at $0.70 which everyone had predicted ?
Need to understand its background & learnt.
I also thought it should start trading at the $0.70 price too.
Actually I think it opened at 1.30 yesterday, correct me if I'm wrong. Wow... it fell alot today ... by 19 cents.
Too volatile for me. I'll stand by the side and watch.
hey, anyone knw y it start trading at $1.60 ? Tot it will start trading at abt $0.70.
ChinaAvOil is the old stock which is delisted. It's now known as ChinaAOil.
Anyone bought into CAO today?
The relisting of CAO seems to to be the anticlimax for china listed stocks.
The psycholocgical explanation for this mental state is that it brings back painful memories of the collapse of china stocks when it was suspended.
At 160 cents it is trading at astronomical p/e
With a debt overhang -iike the sword of damocles - it is for the very brave like Hercules trying to kill the Hydra-a nine headed monster whose poisonous breath killed anything nearby.Hercules went after the beast with his club but as soon as he knocked off one head two grew to replace it.