BLV 0.00% 1.6¢ blossomvale holdings ltd

Funnily enough, ever since MTQ started getting interested in NMS...

  1. 71 Posts.
    Funnily enough, ever since MTQ started getting interested in NMS (ie buying on market and now the takeover) their shareprice on the Singapore Exchange (SGX) has been doing VERY well. So well in fact that since the 30th of October when the formal takeover was announced they are up 23.4% which the shareprice having done a recent spike since the 20th of December from $0.90 to all time highs of $1.16 (see link to chart below)

    http://finance.yahoo.com/echarts?s=M05.SI+Interactive#symbol=m05.si;range=6m;compare=;indicator=volume;charttype=area;crosshair=on;ohlcvalues=0;logscale=off;source=undefined;

    No other news to explain the increase - thus investors buying THEIR stock certainly think they are getting a real bargain......
 
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