Things ahead for Satyam Bid Next Week
Tuesday, March 10, 2009
First and First satyam bidding rules will be roled out which may lead to increase in the share price up to Rs 60. We can expect some strong bidders as per the rules said by the satyam. We can expect lot of drama in the story of the satyam as bidders might have more demands.
We can expect the Bidding war as there are some international players participate in this bidding. And as the elections are coming up there will be lot of pressure by political parties in order to increase the share price and gain the interest of the people. And also there is a news that maytas money is coming back to satyam.Big demand for Satyam shares in India due to all funds trying to get in along with general public - causing share prices to hit 20% upper circuits for next few days. May push price around Rs. 80. Well i can say there are lot more things to come up with the bidding of satyam.Keep wathching.
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