Ensogo confirms talks with strategic investors, page-81

How low will it go before another bounce? That's the question...
Seems cheap given the space it's in and living social, as well as other arms of the business. Or am I misreading it. I am looking for a re entry. I actually think it seems like a good business model in south East Asia. Referred to online by many sites as the no.1 e-commerce business. So why is it worth peanuts when things are starting to look good for the company?