Jaya Holdings stock went south by 3.2% today (17 June 2014) to close at $0.182. Jaya Holdings traded at $0.805 on 9 June 2014 before a cash dividends of $0.625 per share was given out to shareholders; thereafter Jaya Holdings stock traded at $0.191 and then went south to $0.182 on 17 June 2014. The $0.625 per share given to shareholders is related to the sales of Jaya Holding’s assets to Mermaid Maritime. And with the sales of its business, will Jaya Holdings be privatised or taken over by a Reverse-Take-Over (RTO) or whether Jaya’s stock price will continue to go south before the company announces any new plans? It is likely that Jaya stock price may head south as before the capital distribution, the net value of the stock is $0.70 and hence mathematically, after the $0.625 per share given ......