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Can you advise me , if say Simon Cheong sells his shares in the market, say only 100 lots (small volume in relation to %), must he declare to the Stock Exchange ?
Thanks : )
Juzztrade ( Date: 20-Dec-2012 14:38) Posted:
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They are traders not investors and their brokerage fee is very low.
WallStreet3 ( Date: 20-Dec-2012 14:28) Posted:
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The corporate boys (Wheelock) have shown the way (hint), I am just following them.
Sometimes, I dont understand Singapore investors .....
Example: Bid : 1.915 (56 lots) Sell : 1.92 (57 lots)
If you really keen to buy or sell , what is 0.005 / share ?
or $2.18 ?
(EST NAV $2.50 + 1ST OFFER $ 1.80) / 2 = $2.15
SIMON CHEONG MAKE IT $ 2.18 (HAVE 8 : )
WallStreet3 ( Date: 20-Dec-2012 13:54) Posted:
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Simon Cheong's offer : 1.80 / share
Wheelock Open Market Purchase : more than 1000 lots @ Avg 1.81 / share (Wheelock now owns 16.09% of SC Global)
Current Price vs Wheelock 1.81 Purchase : only 5% Premium
SC Global NAV : $2.50 / share (EST)
My personal " FAIR" value guess for Counter - Offer for ALL shareholders acceptance : $ 2.05 ~ 2.08 / share (my personal guess)
Think most probably $2.08 cos 888888888888888888888888888888888888888 ?