ASIATRAVEL.COM 20cents PLACEMENT @ 40m

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8 years 4 months ago #22626 by Joes
Nearly 2 months on, and ASIATRAVEL.com is back again at bargain levels. 25.5-26 cents. Yield is fantastic if and when the privatisation takes place @ 30 cents.

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8 years 4 months ago #22661 by Joes
Shares can be had for 25.5 cents currently. Cheap....

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8 years 4 months ago #22689 by Joes
23-23.5 cents. Unbelievably cheap *(if the 30-cent offer eventually materialises)

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8 years 4 months ago #22708 by Joes
Trading halt! What is the announcement to come? That GO is on? 30 cents??? LOL

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8 years 3 months ago #22711 by Val
Shocked that there is no GO, change of mind and they will pursue a share placement. Share price has already drifted down and priced in this non-GO, I think. The question here now is whether the market will like the S$100 m cash that the China company will inject into Asiatravel. It will matter a lot to Asiatravel but the fruits will come later. The current management cannot exit via share sale....

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8 years 3 months ago #22719 by Joes
This sort of crazy U-turn by Zhonghong is something to remember!

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