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28,706 Posts.
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03/04/14
07:28
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Pala paid $1.26 for 30 million of those shares
http://www.asx.com.au/asxpdf/20110826/pdf/420n62tql0kw5b.pdf
Pala's average price was possibly $1.24 taking into account their small buyings
http://www.asx.com.au/asxpdf/20120627/pdf/4272jk79r3x0zl.pdf
Pala lost around $38 million or 72% of their investment
seems like they negotiated a deal based on Dingyi's purchase
if Dingyi wanted the shares, they would have bidded more
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