Am I missing something here? The Chinese don't value Venus at $2 - they paid $4M FOR 25% OF THE PROJECT and it was dressed up as a share placement. They will only pay $8M for 50% of the project - an incredably cheap and risk-reduced entry model. If compared to other recent Chinese investments (WISCO into Centrex, Sin-Tang into Royal, WISCO into IMX, etc) Venus got well and truley done. You've been UMCed!
absolutely sensational deal, page-28
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)