Thursday, February 9, 2012

List of new NICORP shareholders

Finally the buyers for 22.8% stake previously hold by Naim Indah Corporation Berhad's (Nicorp) major shareholder, Crest Energy. was announced.

The announcement did not include the price traded for the stake.

As the news and buyers already made known to public, chances for the share to go up again is slim, unless there buy at higher than current market price. Which is very unlikely.

Most probably the share price will go down in the morning when market open for trading.

Hopefully the announcement will not cause the share to 'crash' tomorrow.

Just wonder how much they paid for the stake.

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