GREY:MIGGF - Post by User
Post by
hsyxuon Jun 09, 2016 12:35pm
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Migao - true value much higher than buyout price
Migao - true value much higher than buyout priceIn an interview on BNN this morning (between 11 am and 12 noon) I heard the person being interviewed saying that Migao has $ about 3.50 in cash per share and a book value of approx $ 7 per share. He implied that the board of directors did not have the shareholders' best interest in mind and strongly advised that shareholders should vote AGAINST the buyout. - I hope that BNN will post the interview online so that I can replay it to make sure I got the facts straight.