You don't have to be citizen only legal. Years ago Italians used to go back to Italy to collect SS. They would send in a marriage certificate for more and of course babies names for even more. Now Indian DRs bring in their parents, they wore as bag boys for ten years and they and their wives get SS and Medicare.
"Control buyouts in growth-oriented companies at attractive valuations" translated: go private on the cheap.
China Cord Blood snubs US Investors to list in Shanghai You may get a free pass to read how they got a 7% premium. And worth a whole lot more.
Going to 2? That is an up grade from your March 15 post ,that you removed 2 days ago, saying it was going to ZERO. Keep going you will get it right eventually.
Before credibility in the US is built, someone with the money (Sequoia Capital or Morgan Stanley ) who know the value or know where it would be valued several times more that it is in NY could buy it cheap and list it there. It is being done to others. Why not DXDC?
I once had National Air lines and watched PE waiting for pe of 10 or $20+ a share. And left an open order for such. It was bought out on an offer of $49 for the planes. It all happened while I was driving thru Atlanta.
They don't have to move the company just where it trades. If DXDC is held by weak hands we will not fair too well.
Not much to Americans but a great deal more in China. Several articles at Barron's on line about ADRS going home. Sequoia capital is often involved and the going private does not involve much of a premium. Of course
we have M S close by to do the deal. If anyone see Sequoia Capital buy into CXDC it may not be a good thing so please post.