Ransiri Silva wrote:Softlogic is trading on Monday and may go over 60/- (my own prediction), but long term it's worth to hold (my view)
There is a news that Softlogic is to acquire controlling power of Asian Alliance (not sure)
Richard Pieris & Company would be a strong candidate to purchase Asian Alliance. They already have 25%.
Considering the performnace of FLCH and EXPOLANKA I do not think SOFTLOGIC can reach 60/= (impossible). Today UNION BANK too was trading below IPO price.