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Replies to #5539 on Alset Inc (AEI)

Threeflight

07/15/22 10:20 AM

#5542 RE: Niceguy1 #5539

The issue is DSS is at 30 cents also. The charts look almost identical if you compare the 2. From multi dollars to 30 cents on a ski slope down. And it trades even less volume per day than what AEI does.

Not sure what merging with another 30 cent stock does for shareholders. Both stocks have been an unmitigated disaster.

powerbattles

07/15/22 10:26 AM

#5544 RE: Niceguy1 #5539

AEI by book they qualify for the extension I am not concerning about delisting. He will announce extension after market today or Monday. I can't figure out why he torch the shareholder by wait at the last min to issue the news. I don't like it and I won't trust him in the future.

powerbattles

07/15/22 10:31 AM

#5546 RE: Niceguy1 #5539

That is not how is work they won't merge with DSS. Read DSS amendment released a few days ago announce of dividend attributed to each share outstanding. This stock is trading at 95% discount from liquidation value that means delisting is already priced in. At this point it won't matter if we trade on OCT market.
That is my opinion however, delisting to OCT is not Chan plan I don't think he want to go that road.