SKS 2.78% $1.40 sks technologies group limited

great announcement where is everyone, page-12

  1. 3,221 Posts.
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    Agreed, further - the 6% discount is about the 200day moving ave.

    Hopefully it's a good result and it doesn't drop too much.
    I'm not sure will it get diluted much if they are actually selling some of their shares?
    I guess the component they raise - $50m or about 5% of current market cap is the amt they dilute? And they sell the $100M to actually still end up owning 70-75% of the company.

    DB has valued it at $6.85. (so that's nice I guess).
    Apparently 5 investment banks are initiated coverage on the stock.
    (which I guess include JP, DB, CS)
 
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