Replies to post #59701 on China Growth Stocks

[tenenbaum]

CCME

"Even better, they could have bought the shares from Ou Wen Lin directly at a price below market--i.e., give the sweet deal to shareholders rather than to Starr (who already got a sweet deal with the first offering). "

Would letting someone seen as being more of an insider than Starr out of his shares at a below market price really have been the best transaction for the company that was looking to build credibility at the time? I'm not arguing this from a corporate finance perspective, just from a corporate image perspective.

... Not to mention the fact that at the time Starr might actually have wanted first dibs on those shares.

[snow]

rato

I think alternative 2 is the most realistic: they ignore American shareholders and their interest.