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.
New IPO: A homegrown air fragrance company, Vanzo Holdings Berhad aims to list on the Ace Market!
MQ Trader 79 views | 10 h ago
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New IPO: Winstar Capital Berhad, a specialist in the extrusion of aluminium profiles and fabrication of aluminium ladders aims to list on the ACE Market!
MQ Trader 271 views | 1 d ago
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New IPO: Topvision Eye Specialist Berhad, specializing in medical eye care services aims to list on the ACE Market!
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?