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22-12-2012, 10:58 AM
As it is now, with the share price trading above the GO price of $1.80 and Simon Cheong being unable to buy more in the open market to privatise the company, it would seem the assumption would be that SC Global cannot be privatised ... unless Simon Cheong makes a higher bid.
It should be clear that it is in neither Simon Cheong's interest nor Wheelock's interest to see SC Global subjected to the additional charges, so something has to give.
Interesting...
It should be clear that it is in neither Simon Cheong's interest nor Wheelock's interest to see SC Global subjected to the additional charges, so something has to give.
Interesting...