22-04-2011, 10:18 AM
Now that the $$$ is on hand, Hyflux had better use the proceeds wisely!
I think whatever announcements they make is critical, esp. within the 1st yr.
It cannot be that outsiders know their company inside out, and they don't know so much about themselves? They have to come out with good solutions fast.
Btw, Lee Joo Hai, a director of Hyflux, divested his shares completely at $2.18 per share in open market sale on 15 April 2011. Total: 375,000 shares.
http://www.sgx.com/wps/portal/marketplac...anies_info
Does he know something that we don't? Sell mother share to buy CPS? Possible?
I think whatever announcements they make is critical, esp. within the 1st yr.
It cannot be that outsiders know their company inside out, and they don't know so much about themselves? They have to come out with good solutions fast.
Btw, Lee Joo Hai, a director of Hyflux, divested his shares completely at $2.18 per share in open market sale on 15 April 2011. Total: 375,000 shares.
http://www.sgx.com/wps/portal/marketplac...anies_info
Does he know something that we don't? Sell mother share to buy CPS? Possible?