Question to me is, are they selling to a third party or is it going to be a take out by the malaysian parent ?
The parent Mulpha trades in Malaysia at a massive discount to assets, if this is a third party sale at a good price then it will be a huge windfall here and also at the Malaysian entity, I just sold some INA which is in the same sector but much better run and trades at a premium to book as the slowdown here probably effects them too and they are priced for perfection, may be worth a punt on a takeout ...
AOG Price at posting:
$1.91 Sentiment: Hold Disclosure: Not Held