SAEI - SAEI hit a high of .93 last Friday because of the press release that stated "Supatcha" or the "Company"
acknowledges the announcement today by OXM Group (OXM) of its intention to proceed with an unsolicited bid for all of the issued and outstanding shares of Supatcha at a price of $1.75 per share. Well, this morning Supatcha released another press release pre market announcing a second unsolicited bid for 100% of the issued and outstanding shares of the Company at a price of USD$2.50. The unsolicited bid was made by JSC Rustamov Group (JRG) of Moscow, Russia. This PR changes the game as we were initially holding our shares for a short term target of $1. The KINGZ have changed their target price $2 mid term.
http://finance.yahoo.com/news/Supatcha-Announces-2nd-prnews-3539269155.html?x=0&.v=1
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