same argument by Siew, remember? Siew allege that IJM is diluting minority stakes. that's why i believe they are selling to keep the price low. Another advantage is an opening in case they want to go for MGO
wouldn't it be interesting if IJM calls for a MGO? possibility is there with Shah shifting his shares out of Kaspadu i think! guessing game only nowadays hehehe
so far, i am just comfortable with IJM being cool over the matter. fireworks may start if IJM takes the 25%, increase the sake to another 8% and calls for the GO. IJM will just thank Abu for keeping the price low! hehehe
looks like really need to makan sendiri already :)
next week still can trade until Thursday, after Thursday can only pray hard underlying hit above 0.40 for conversion - provided you got cash to exercise
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Posted by passerby > 2012-11-16 17:30 | Report Abuse
totally agree with lmf_hau, those entered > 0.05 really got no time