this CEO is trying to screw US investors. buyout at less than 1/2 of cash, less than 1/4 of book, Sigh...
Hard to believe people are selling at $1.52. Hold out for the 13% premium at $1.72
Shareholders would prefer a cash dividend of $1.72. Or even $1.00. Thank you Mr. Lin.
No doubt the offer is beyond ridiculous.... it should prove them to be dishonest to the core.