Monday, August 26, 2013 2:07:41 PM
75 million U.S.!
http://www.dragonite.com.hk/attachment/20130821224702001720556_en.pdf
Here's the buyer...
http://www.imperial-tobacco.com/index.asp?page=33
I should have seen this coming, I was wondering who was going to pony up for those patents...
story from May.
http://www.ecighub.co.uk/imperial-tobacco/
recent coverage..
http://www.tobaccotoday.info/author/eciginsider/
also the B/A in DGTLF is spot on with a 1.50 HKD = .194 USD, the price that the 329 currently stands.
so much for dollarland ....
I wonder why the Chinese lemming traders aren't scarfing this deal up ? There's only 211 million shares outstanding in the 329 stock.... the company is about to realize 581,250,000 HK dollars... at 1.50HK it isn't even trading at half of the book value lol...
what a P I G...
"If people let government decide what foods they eat and what medicines they take, their bodies will soon be in as sorry a state as are the souls of those who live under tyranny." - Thomas Jefferson
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