Is a 2009 hit for Edward Maya and Vika Jiuglina. Expect a short term stereo love for Tadmax soon.
Tadmax, insiders say should be able to come out with a private placement plan within the next six weeks.
Such a placement will also have a one for one cash call.
Since the private placement must be done at par value, it won't take an Einstein to figure it out, that the Tadmax private placement must be done at its par of 50 Sen a share.
And since there is a one for one rights issue, also at 50 Sen, Tadmax needs to trade at about 56 Sen , post Chinese New Year.
This stock has a 40 per cent upside , from its 39.5 Sen base, for the non contra player.
