The share price is now at $1.255, the HIGHEST in the past four months. Seems like it survived the recent mass bombing in the share market. WHY? and will it get back $1.35 ???
EGM on Monday is to approve resolution for Cordlife to sell its CCBC stake to Golden Meditech. If shareholders approve, then does that mean there is no more upside if there is a bidding war for CCBC ?
Anyone going to the EGM this afternoon? Pls find out if there is a big big buyer who has been mopping up Cordlife shares. What might be the buyer's intent? Share price now very well supported at $1.44. Thank u.
No concrete news about the mystery BIg Buyer yet. The share price movement, however, tells a big story of big money buying up the shares. Now trading at $1.40.
Robust Plan Ltd on 14/9/2015 mopped up 6 million Cordlife shares total cost =$888,000. Average per share = $1.48.
This increased Robust Plan Ltd from 9.92 million shares (3.83%) to 15.92 million shares (6.14%)
RPL is wholly-owned by Shanghai Dunheng Capital Management Co., Ltd which is in turn wholly-owned by Huiling which is in turn 99.95% owned by Minsheng (Shanghai) Asset Management Co., Ltd. which is in turn wholly owned by China Minsheng Investment Corp., Ltd.
Last edit: 9 years 2 months ago by Rock. Reason: Add more inform
