Comment by
pagecount on Dec 01, 2010 1:33am
when will the restriction on the shares be lifted?
Comment by
dosco on Dec 01, 2010 4:20am
not before 2012 I guess. check it here:
https://www.cct-tech.com.hk/getfiles.php?filename=apren%2F00000%2F000188_e_138_261_Joint_Ann_28Oct10.pdf
if CCT invests 20 million cash into MIVI-PK, then the market cap should jump to at least 20million tonight.
cheers,
dosco
Comment by
maramos98 on Dec 01, 2010 7:18am
The value of the transaction is really 80 million in shares of CTT of which most will only be payable if MIV can get CE mark, FDA Approval and clearance to sell stents in china. Most of the 20 million are to cover purchase of InnoMed as well as operating $$$ for the chinese factories that were included in InnoMed deal.Will be interesting to see what happens with the stock today.