$S58.SG$ Rights issue is highly if there is indeed a deal🤦...
$S58.SG$ Rights issue is highly if there is indeed a deal🤦♂️😥
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Lin Lau Peh : cfm wahahaha.
Small bull Lin Lau Peh : U sold all? Luckily I didn't manage to get my price at closing
Lin Lau Peh Small bull : kept a bit. doesn’t matter to me I can hold long term / buy in if needed. Its a dbl edge sword. but its ok. still good news if their expanding.
102930432 : What caused the suspension?
s2nw2g : Hmm. I sold off mine. Can only see show. Mkt now very volatile... almost all shares free fall.
Upncoming1841 : Hope SATS is announcing that they r not proceeding with the purchase. Then it's share price will rise.
102930432 Upncoming1841 : Why wasn't the acquisition successful, and the stock price would be there?
ym-HO 102930432 : 300 million is not a small amount. Liquidity, interest, debt, high risk
KB trader OP ym-HO : It is 3B not 300M I think .. it is almost on par w SATS market cap if the price doesn’t tank further on confirmation.
ym-HO KB trader OP : yeah, is 3B, bleeding still add some salt…
if the deal committed, how to recover?
Lin Lau Peh : Committed liao.
Small bull ym-HO : Worse it's recession time and now start to plunge down season