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China Youzan has done reasonably well for me so far, currently up almost 40% from my cost. Now lets talk about the rationality of China Youzan's current price.
As of April 23th last week, China Youzan's closing price was 2.76 HKD per share. According to China Youzan's privatization details:
- 1 share of China Youzan will be converted into 0.05077265 new Youzan Technology shares which will be listed. Which also means 19.69564077 shares of China Youzan will be replaced by 1 share of Youzan Technology.
- In addition to that, China Youzan shareholders will get HK $ 0.1352 paid in cash per share that they own.
The total number of shares issued by Youzan Technology will be 1.513 billion shares at a price of...