Sep. 10 at 5:05 PM
$LU For the purpose of this analysis, with reference to the price of ADS as quoted on the NYSE and the ADS Ratio that one ADS representing two Shares, the Adjusted Conversion Price of US
$2.32 per Conversion Share represents a premium of approximately 220.0% over the closing price of US
$1.45 per ADS (equivalent to approximately US
$0.73 per Share) as quoted on the NYSE on the Last Trading Day, and a premium of approximately 215.6% over the average closing price of US
$1.47 per ADS (equivalent to approximately US
$0.74 per Share) as quoted on the NYSE for the last five consecutive trading days up to and including the Last Trading Day.
Bi... tch I don`t care , i want to kill it regardless !!!
Pay us book value and we will shut up , otherwise be prepared to deal with 2 legally structured letters per week to SFC/HKEX .
they are treading very carefully in a way not seen in a while and most importantly no lower conversion price is possible given that they clearly specified discussion with managemet