Abandon purchase of Twitter for $44 billion
When Elon Musk announced his offer to buy all of Twitter shares at $54.10, the stock price increased to $51.70. The market cap was $39.5 billion (based on 764 million outstanding shares). Since then, the stock price dropped 25% to $38.20. The market cap dropped by 24% to $29.2 billion. This followed the possible withdrawal of...
Its easy to be a saint in paradise
One of the biggest news stories to come out of the USA in the last month was the leaked memo that stated that the Supreme Court was planning of reversing “Roe vs Wade” the landmark legislation that guaranteed the right to an abortion. In the aftermath of this piece of news, a host of states started to pass anti-abortion...
Export of Chickens
From 1 June, Malaysia will halt the export of 3.6 million chicken per month until their domestic prices stabilise. Singapore will definitely be affected. I like to eat chicken rice, curry chicken and chicken burger etc leh, so how eh? In the wise words of that bery clever and bery senior you know who la, no chicken then eat...
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