1. Why you don’t know the price until you sell (Of Dollars and Data)

Interesting analogy that selling an asset in low liquidity conditions is like Schrödinger’s cat. You don’t know if you can, until you actually do it.

2. Keppel and SPH to buy the rest of M1; Keppel to privatise Keppel T&T (Business Times)

In my earlier article on M1, I wrote that a buyout was always a possibility given that it’s the smallest telco, and Keppel held a large stake. But I truly did not expect it to come so soon, when TPG telco hasn’t even entered the fray.

What do you guys think of the pricing? 24% premium to market, but shareholders who bought at 2 dollars plus will still make a loss and will never have a chance for the share price …