Offer : to purchase for cash up to $50 million in value of its American Depositary Shares
End result: the Company has accepted for purchase 154,643 ADSs at a purchase price of $2.75 per ADS (less a cancellation fee of $0.05 per ADS to be paid to the Company's ADS depositary). The aggregate purchase price that the Company will pay for the ADSs will be $425,268.25
Guess that is what happens when you offer such a low amount for shares, eh?
"Then there was a woman, a lion of a woman."
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