Chen Xiaodou, a well-known legal blogger, believes that there may be a flow auction. If the auction continues, the court can force the transfer of equity. However, it is not ruled out that the powerful owner or the transaction party thinks that the shell of the listed company itself is very valuable, so as to race for the relevant equity.
In practice, as long as the price is low enough, some people are willing to accept the offer, Chen stressed.
According to public information, * ST opal is mainly engaged in steel logistics and supply chain finance. As of September 30, the companys total assets were about 735 million yuan, and the net assets attributable to the parent company were about - 2.504 billion yuan. In the first three quarters, the company achieved a total revenue of 248 million yuan, and the net profit attributable to the parent was - 9.2688 million yuan. The amount of loss decreased year on year, but it has not yet realized the loss. It is worth mentioning that the amount of illegal external guarantee reached 1.231 billion yuan, accounting for 48.69% of the net assets (audited) in 19 years. According to the data in qixinbao, the risk of * ST OP is as high as 136, and is still involved in many unfinished lawsuits.
The reporter learned that, if the company wants to resume listing, it is the key to eliminate the related matters that can not express opinions in the audit report as soon as possible and strive to achieve positive net assets in 2020. From a theoretical point of view, it is still possible to correct net assets, Chen said. As long as the positive impact appears and is large enough, it is possible to realize the correction of net assets. The partner of a law firm mentioned above thinks: it is worth observing, it depends on the integration ability of the offeror.