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Although the ghd straightener group had recently denied to exit, but all signs indicate, the equity court auction for GHD by large shareholders to sell shell behavior. Securities analysts found, 19. 9 yuan price is close to the 2007 GHD shares in the two levels on the market price of 19. 97 yuan, so do not rule out the auction prices have agreed may. This personage expresses further, the GHD equity Qipao price set at 2. 48 yuan / share a great mystery. In fact, throughout 2007, GHD shares were above 4 yuan. As of GHD before the auction, the price has exceeded 9 yuan.

To account for the court to freeze the is ghd hair straightener australia group held all the shares, if GHD group in order to pay off his debts, can be pulled high less Qipao price selling shares, so the GHD group is more advantageous. The low price of the auction exactly fit 27000000 to sell shares to repay the debt of GHD group. This personage says, buy side high was apparently had earlier received tacit understanding, and through the court auction listing, a transfer agreement bypassing much of the examination and approval procedures, more efficient.

It is reported, the ghd shares to be judicial auction mainly due to GHD group's debt problems. GHD group in China CITIC Bank loans 60000000 yuan, up to the first half of last year, the overdue debt still failed to pay back in full form legal debt dispute,http://www.ghdstraighteneraustraliaii.com/ until the court to auction its stake in GHD, the actual amount of debt for less than $50000000 -- to 2. 48 yuan / share price auction of 27000000 shares GHD shares and the debt structure.

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