Thursday, August 6, 2009

Paying 60cents for a 10cents share

Pardon my ignorant, but can someone explain to me this ...

Why would people want to buy a share for 60 cents that is value at 10 cents?

My company has been offering me share at this price and state that its value is 10cents per share. It happened so many times and no, I have not bite it yet. Is this a bait or what? Yet, I don't see the logic of this.

I try to ask someone in the company and the answer is: "It's like that what!"

I have not buy any share (except SingTel share which the government do it for me) so I am really blur in this.

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