09-10-2012, 11:30 AM
(09-10-2012, 11:12 AM)dzwm87 Wrote:(09-10-2012, 10:14 AM)wee Wrote: haha... good one. maybe private equities are into charity nowadays.
That said, some of these cornerstone investors are not dumb either. PE funds tend to have a time frame to realize their investment. It could be one of such reasons. I guess the key is to balance between each sides and see who have the larger incentive.
Interesting, management (CEO & CFO) has both subscribed for shares - good vote of confidence ($11m invested!)
Their biz model is sustainable, especially the credit service IMO
But yet to know the offer price is right @ $0.77

“夏则资皮,冬则资纱,旱则资船,水则资车” - 范蠡