Biosensors International Group stocks jumped 14.4% today to close at $0.995 after it was said that Citic Private Equity may want to buy the whole company. Biosensors stock requested for a trading halt today. Indeed today is one of the days which shareholders have been looking forward to as talks of a privatisation of Biosensors International Group have been going around for quite some time as this once-promising mid-cap stock once trading at $1.675 in February 2012 went almost 50% south to close off at $0.87 yesterday.
As shared with readers before, I am a shareholder of Biosensors International Group and I bought some shares of Biosensors International Group in January 2013 at quite a high premium over its $0.87 closing price yesterday. After purchasing the stock, I was very disappointed as the stock went south and south, to become the worst performing stock in ......