If that shareholder keep it and place it to the institution market, it will be a win-win situation. (because institution can't buy and sell frequently, hence, doesn't affect the supply much )
But instead of that, he sell it in open market. Supply gone up.... Demand can't cope up.. Sayonara.
CFTraderAfter all, nobody listen to me because everybody is listen to WiseEye for the wise advice.
myviewCFTrader, it doesn't matter who doesn't listen. Most important is you are smart. I only came in later. I think you are talking about Ngu ( former director ). He and Anne Kung ( CEO ), cant see eye to eye. That's why the share price collapsed. Now new major shareholder Ang. New ball game. Bought 35% of Neata Minimum profit guaranteed is 17 million per annum or EPS1.3 sen. Eventually will buy 100% of Neata with profit of 48mil or EPS 2.0 sen or better. Good luck.
red_85after bonus issue, dropped more..price adjusted, more hard to climb up since share volume will be increase again...trust me, cut your lost now...this stock cannot touch, my friend is ex-employee, company project is reducing, how to sustain business? big boss got many other biz, not care this biz...big boss just want to earn from you guys only