Not only did Chen Jie feel that Oliver Li was too generous today, even the other party was stunned after hearing Oliver Li's conditions.
They were merely offering a low price as a test, and were ready for the moment when Oliver Li would ask for a high price.
Leaving room for price will create room for subsequent negotiations. If you give a 30% or 50% premium right from the start, there will be basically nothing to talk about later.
However, Oliver Li only wanted a 20% premium?
The current stock price is almost equal to Oliver Li's cost. Even if it is at a 20% premium, it is equivalent to more than US$150 per share.
Login to comment
Be the first one to comment...