Total share 771m
$Aztech Gbl(8AZ.SG$ total share 771m, director buy another 200mil share, are they gonna make this company private? 😳😳
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ScorpioRebelliousTV : Don't think so, last time this stock already privatize and delist once making a lot of investors losing money.
If this time they are gonna privatize so fast after listing just for a few years, I wonder what will happen to those investors who bought at IPO price and still holding this stock.
韭菜小散户 OP ScorpioRebelliousTV : Im very new to this, what would happen when they decided to delist the company?
ScorpioRebelliousTV 韭菜小散户 OP : The company will offer a price to buy back all your shares, you cannot chose to hold the stock anymore as it will be worthless after the company delist, so you must sell whatever price the company offers you on the delisting price.
So it is whether the owner is kind hearted or those who wanna chop carrot cake, if the owner offer a good price, most investors won't lose money. But if the owner wanna chop carrot cake and offers a lousy price. investors are gonna lose a lot of money.