Tuesday, August 14, 2018
WheelLock π️
If you have spare cash, can try wheel lock at 2.21$ . but must hold for a while. This one is low risk low return stock.
Basically the company already announced that they want to privatise at $2.10, but I heard from sources that they will revise upwards their offer. Therefore i seriously doubt that the share price would drop below $2.10, so in that sense, this is a low risk stock
The revised offer should be at least $2.30, so not much upside also if it is really at $2.30. The highest that they will revise their offer would be $2.68, which is also their book value. But I seriously doubt that they will pay at 1x NAV of $2.68
As to when they will revise the offer, I would say the latest would be 2 months later in October. So whatever our P&L will be realised latest by Oct. Earliest that they will do so, I think could be anytime bah.
Gd luck
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Seen from the chart, the scripts flow are limited. After share split from 220m to 660m, it doesn't improve the liquidity at all. What ... -
ιδΌε，ζε·²η»ζ²‘ζε·₯δ½ζΆε ₯δΊ。 η°ε¨ζεͺθ½ι ζη»ζ§ηθ’«ε¨ζΆε ₯（η°ιζ΅）ζ₯ζ―ζζηζ₯εΈΈεΌι。
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