MASCON GLOBAL (BSE: 531131)
CMP: 21.25
TGT: 32
DURATION: 3 months
Mascon Global Ltd has informed BSE that the Board of Directors of the Company at its meeting held on December 20, 2007, has considered and approved the following: 1. Issue of FCCBs: a. Final Offering Circular in connection with the proposed FCCB Issue. After review, the Board considered and approved the Final Offering Circular in connection with the proposed FCCB Issue convertible into GDRs and/or Shares upto US $ 50 Million.
Considering FCCB issue of $ 50 million, the stock seems to be undervalued.
TGT: 32
DURATION: 3 months
Mascon Global Ltd has informed BSE that the Board of Directors of the Company at its meeting held on December 20, 2007, has considered and approved the following: 1. Issue of FCCBs: a. Final Offering Circular in connection with the proposed FCCB Issue. After review, the Board considered and approved the Final Offering Circular in connection with the proposed FCCB Issue convertible into GDRs and/or Shares upto US $ 50 Million.
Considering FCCB issue of $ 50 million, the stock seems to be undervalued.
2 comments:
24.25... 5% locked
25.45 ....5 % locked
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