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kindama

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kindama

Re: tbirdman post# 9480

Wednesday, 06/10/2015 4:01:02 PM

Wednesday, June 10, 2015 4:01:02 PM

Post# of 10144
Re: Smokes

These prices are a curse. They've given up any pretense of "fairness" and instead just offer a 10% premium. Management takes all the valuation upside for themselves. If business turns down or the path to relisting in China looks tougher than expected then the non-binding offer will be withdrawn and the public is left with all the downside.

UTSI said on its conference call that it is examining ways to tap the domestic capital market in China. If they can find the right structure then it would be a home run for shareholders.
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