BTankk
OPHoot9e
:
It’s not delist, It’s privatised. These are two different things. And looking at premarket there should be quite a bit of short covering to happen tonight.
Kimchiano
:
When a company delists from a major exchange, shareholders still legally own their shares, even if they're worthless in value. Generally speaking, delisting is regarded as a precursor to the act of declaring bankruptcy.
BTankk
OP
:
Privatised means they plan to buy back the stock. IPO price is $14. And if they plan to appeased investor, $14 should be the minimum amount?
voix
BTankk
OP
:
due to the possible lawsuit, the price range should be one that will placate most of the institutional investors. hence somewhere near IPO is indeed a possibility i guess sir.
Hoot9e : Any idea if delist why the share still rocket ? Suppose to be bad news right
BTankk OP Hoot9e : It’s not delist, It’s privatised. These are two different things. And looking at premarket there should be quite a bit of short covering to happen tonight.
Waterboy123 Hoot9e : The key word here is to “compensate investors” for their losses…
Kimchiano : When a company delists from a major exchange, shareholders still legally own their shares, even if they're worthless in value. Generally speaking, delisting is regarded as a precursor to the act of declaring bankruptcy.
DayleyTrades : It’s Time to sell before regret
BTankk OP : Privatised means they plan to buy back the stock. IPO price is $14. And if they plan to appeased investor, $14 should be the minimum amount?
voix BTankk OP : due to the possible lawsuit, the price range should be one that will placate most of the institutional investors. hence somewhere near IPO is indeed a possibility i guess sir.
Leefh : Short squeeze
to cover back before Privatisation
薛定谔的韭菜s 101848072 : Actually, this news isn't news; wasn't everything hyped up a few days ago?
薛定谔的韭菜s : Boss, it's starting to decline now; is the main force starting to ship?
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