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Replies to #5596 on Alset Inc (AEI)
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Niceguy1

07/16/22 2:07 AM

#5599 RE: Threeflight #5596

AEI buyout value is $1+ because of it's balance sheet
So DSS at 30 cents would have to acquire AEI @$1+ ...those AEI longs get 3 shares of DSS for every 1 they own of AEI...triple your money right away not to mention the DSS IPOs coming and dividend payments in IPO stock...oh and Chan would approve such a buyout because he's the biggest shareholder in both companies and he would eliminate his delisting problem as well with AEI. Even though DSS gets diluted there is already an expectation set for long term value of that stock to be $10 per share based on the convertible note they issued recently...so Chan will play long ball with DSS....this is just as plausible a scenario as him getting an extension for AEI...either one can occur here