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Done 0.16, now going for 0.155 !
Hi,
So is it that after lifting the halt, and start trading below 0.17 is worth getting in to receive the delist offer of 0.17 and gain 1c profit. I already saw queues of 1,100 lots at 0.16 now !!!
This is a dog eat dog scenario. Imagine they IPO at 0.28, then start to cash out and throw to public. Then now this new party to purchase at only 0.17 and then going to delist later. Be careful investor !!!
French smart card maker Oberthur Card Systems SA has offered to buy the company at $0.17 per share in a takeover deal valued at $34m.
Potential acquisition by Oberthur Card Systems S.A. at $0.17, 30.8% premium to last transacted price.
I think should be good news, may be possible take over by someone and the stock will go north !!!
Trading halt today, bad or good news?
Hi,
I'm Technologies in talks over possible takeover (source : CIMB-GK)! I think someone is going to takeover this lousy counter thus the share is starting to move !