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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MQ Trader 2343 views | 8 d ago
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New IPO: A homegrown air fragrance company, Vanzo Holdings Berhad aims to list on the Ace Market!
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
LydiaLai
2 posts
Posted by LydiaLai > 2012-09-29 12:37 | Report Abuse
How would this affect the share price of Sky One with this takeover?