The room that started it all. Where the veterans hang out. Discuss Stocks, Charts, Fundamentals, Rumors, Politics, Technological Gadgets, Computers, Cars, Oil and Forex in the mother of all forums!
On CHIB's prospectus, the pricing date was on April 6, to which the high was 39.53.
http://www.chinabank.ph/pdf/99829442-7D ... DC9BBD.pdf
As for fixing the price of the offer, they say
"The Bank’s Common Shares are listed on The Philippine Stock Exchange, Inc. (“PSE”) under the symbol “CHIB”.
On April 5, 2017, the closing price of the Bank’s Common Shares on the PSE was ₱41.10 per Common Share. "
Where the hell did they get the price of 41.10 on April 5?? My chart says the high on the day was 39.45!
Who is online
Users browsing this forum: ahock, AsiongSalonga001, azulgrana, Bing [Bot], Buden, caleb, damanz, donjuan, erns, es55, Google [Bot], Google Adsense [Bot], jaysonL, jubre, KennethCole, Labuyo, leonaguila07, lmfmd, MSNbot Media, otilrev, quantum_riches, ronaldong, ₱u$a and 81 guests