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Rokko is offered to be taken private at 11 cents.
NAV is at 17 cents
Sales per shares is 25 cents, annualised from the latest loss making half, major shareholders making up 77% of shareholding already agreed to the deal.
While I make no loss if the deal went thro, it seems opportunistic to me, and that UOB has a great deal.
Anyone any comments? any possibilities of an counter offer???
Vested
NAV is at 17 cents
Sales per shares is 25 cents, annualised from the latest loss making half, major shareholders making up 77% of shareholding already agreed to the deal.
While I make no loss if the deal went thro, it seems opportunistic to me, and that UOB has a great deal.
Anyone any comments? any possibilities of an counter offer???
Vested