Seek successfully reduced Zhaopin stake this year, did they see the writing on the wall. Not good to be a foreigner in China at the minute, Aussie and Yankee's especially. Given what is happen with China internet question is what might the remaining 23% be worth? Probably a lot less that market implies which is based off multiple they sold down at. Could be forced to sell cheap? Look at Alibaba, Tencent and the other China tech names. Down 50% or more since that time.
What is a 23% stake in Zhaopin worth?
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Last
$24.19 |
Change
0.260(1.09%) |
Mkt cap ! $8.616B | |||
| Open | High | Low | Value | Volume |
| $24.18 | $24.30 | $23.89 | $11.77M | 488.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 6564 | $24.19 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $24.20 | 5644 | 2 |
View Market Depth
| Last trade - 16.10pm 07/05/2024 (20 minute delay) ? |
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Last
$24.14 |
Change
0.260 ( 0.89 %) |
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| Open | High | Low | Volume | ||
| $24.15 | $24.29 | $23.90 | 68028 | ||
| Last updated 15.59pm 07/05/2024 ? | |||||
| SEK (ASX) Chart |