more important is the correspondance increase in price from higher buying interest if the Bualang oilfield is goody
Posted by fauzan > Aug 29, 2014 06:06 PM | Report Abuse
If got news, it is just announcement that Sona has submitted the application for SC approval. No big deal. What i'm interested is the trend of the share price from the date submission done till the date SC give approval.
trueinvestorIf looking at the flow...28th agm salamander..approve this 40% purchase and today announcement from sona...this will alert institutional to buy sona after graduating from SPAC...then price will definitely increase
trueinvestorThis is not sumatec....goreng....and proposed RI...
martiniclub7anyone have any idea what is the maximum duration for SC to come up with a decision? 2? 3 months?
T1T4NHibiscus SPAC movement for your reference: Submission to SC on 16 December 2011. http://www.bursamalaysia.com/market/listed-companies/company-announcements/877045
The hibiscus chart: http://klse.i3investor.com/servlets/stk/chart/5199.jsp
Have a nice weekend.
ngsh92It is hardly to see any good news coming but only u will see the price n volume getting lower n lower n lower..
logical(i)Clarification that the issued share capital of SEBG is 25,000 shares with a par value of USD1.00;
PROPOSED SUBSCRIPTION FOR 76,923,077 NEW ORDINARY SHARES OF 0.05 USD CENTS EACH IN LIME PETROLEUM PLC (“LIME SHARES”)