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US listed JOBS

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US listed JOBS

Hi,

Richard here and I have a question on a US listed stock JOBS. I understand that the Chinese company has agreed to privatize at USD79 per share. However they are only trading at USD69ps - just wondering why the discount? Would you be recommending to sell or wait?

Thx Richard

Answer

Hi Richard,

I couldn’t find details of this offer. If you email me ([email protected]) I’ll try and have a look. Without knowing the details, I suspect the prevailing discount to the offer is a consequence of the offer coming from a Chinese company.

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