re: Ann: Sale to Eu Yan Sang Australia Pty Li...
Well, all's well that ends well.
Major shareholder picks up the lot.
Be interesting to know how much they paid on top of the original stake of $6-8m.
Anyone know if any legal proceedings are likely on the collapse. Probably not. No harm done!
My position is now strong sell :)
"Eu Yan Sang already holds more than 16 per cent of Australia-listed Healthzone, which saw its shares last trade at A$0.26 before being suspended. Eu Yan Sang has invested about S$7 million to S$8 million in Healthzone, including in a capital raise in October."
HZL Price at posting:
26.0¢ Sentiment: ST Sell Disclosure: Held