Delong Holdings

17 Oct 2018 09:20 #24537 by Big Fish
Delong Holdings was created by Big Fish
The boo-boo over the takeover offer price has led the SIC to investigate the case. Strong possibility, imho, that boss of Delong will b compelled to make another offer, this time at $7.42. Just my reading, may not happen. Logic of mine is that boss should have offered $7.42 from the start, he should not be allowed to withdraw offer after it was found that (probably) his advisers erred on the takeover price.

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29 Oct 2018 22:15 #24545 by Big Fish
Replied by Big Fish on topic Delong Holdings
Chairman Ding Liguo bought 5,130,000 shares at $7.00 !!!!

Seriously, this company is a gem. The boss can't get enough of it.

If not for the overall market blues, the trading price would be a big leap from the currentl level of $6.50

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