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05-08-2013, 08:04 PM
I really hope minority shareholders should stop selling to ST. Selling to ST at this juncture - even at the latest price of $0.245/share which its higher than his last GO price - is utterly stupid, bearing in mind it is still his intention to privatize Eastern Holdings, and soon or later he will be making a 2nd attempt.
For those minority shareholders who choose to sell or are in need of cash, I think they should learn to be more patient and queue at higher prices, or consider borrowing against their shares and wait for ST's 2nd GO attempt.
For those minority shareholders who choose to sell or are in need of cash, I think they should learn to be more patient and queue at higher prices, or consider borrowing against their shares and wait for ST's 2nd GO attempt.