How it plays out from here....
Quote:
Originally Posted by
Balance
$4.50 - so thanks to the Cushing again for supplying stock at $3.45 for my last top up. :t_up:
Yummy!
1/ Agria founder Alan Lai announces he has sold his PGW stake for $3.20 per share to the Chinese Government, in return for all CCP charges against him being dropped.
2/ Northington Partners announced as independent valuers on the deal, and conclude that fake milk pricing is distorting the market trading in PGW shares, and that the intrabusiness cycle full and fair valuation of PGW shares is $3.
3/ Directors, from an independently managed hotel in Hong Kong where they may be staying for a few years, declare the 6.66% premium offer of $3.20 to fair value as 'devilishly high' and recommend shareholders accept - or else!
4/ Balance and the rest of us sell out, and the directors are released.
5/ Jacinda praises 'shareholder kindness' and the former shareholding Cushings are shown to have come out the winners - again!
SNOOPY