Obviously it will jump upwards otherwise there is no good reason for reverse take over. Investors follow trend and this should be a good stepping stone for unexplored mining in Kalimantan.
Others are merely merging and aquisiting another company but their core business is stagnent. U can find a few of them in the last few years. One indication is that the major combined shareholders own more than 51% shares and in the process they stagnate until SGX put them into the watch list ( i.e all SGX can do)
My 2 cents worth for over decades of trading practices.
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LydiaLai
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Posted by LydiaLai > 2012-09-29 12:37 | Report Abuse
How would this affect the share price of Sky One with this takeover?