You are right. No sell signal yet. At this volume and trading pattern, this price is low.

Tony Wong. For all those interested in the warrant please take note. At the moment the PA is the cheapest. Both the WA and WB Warrant need 10 cts to convert to the mother shares. The PA needs 7.5 cents to convert to the mother shares. The Warrant price is now current higher than the PA Price. I am not sure why. So if you keen and offer more value for money, buy the PA.

@investorbasi. Thank you. Clear I think base on the present price action and volume the story must have some truth to it. If no wood, there is no fire. MYEG will not buy a stake in S5 for nothing an S5 is not big enough for even bat an eye on it. . For S5 if there will to get the 1.5bil project they are currently too small and not capitalized enough to take up the task. With single project of this 1.5 bil, getting a listing is also not easy as it is A project. It does makes sense to get a listed vehicle to better for fund raising and have a higher capitalization of at least 20% of the project etc etc. If Connect now is 60 Mil then it need to be around 300 to 400 Mil Capitalized.

Question is what is the strike price. I would think base on last few months action, if there is a strike price being made, it would be around 10-12 cts. If so after the back door listing, Connect must be valued at above 50 cts after the take over to make for S5 the deal to be worthwhile. MyEG is currently too full to get stomach another project this size without any question being asked.

But the real test will come with yesterday T+2 when it is due. We will know how many are genuine investor and how many are just speculative traders and if the story have any merit.

Can someone help enlighten me on this ?

Is S5 stake with Connect a done deal or is S5 seeking a separate new listing in 2 years time ?. I am a bit confuse here.

Whether the rumor is true or not it does not really matter and I think not many knows. Just hear sat only.. Now our market are entering a bull phase. Small counters are running 1 by 1 and day by day. Many small OnG counter are running now. Even K1 can run. CC is an active counter and have a story. From the market action, there is a backer behind this counter for sure. Sooner or later it's turn will come. Watch for it. It will be soon

I wrote enough already on this counter. Stopping here. Thanks guys

Then you better wait. This type of stocks are not your type of play. I have play Inari much earlier and then in 2017 this Connect through this type of warrant mother conversion play. All my holding of Connect are free plus a fat bank account. This is not a blue chip stock so do not expect a blue chip type of play. Play as a speculative stock play so have to observe the play carefully. Look up some past data and understand how they previously move this stock.

last time it went up to above 30 over cents, think this time should be higher if they wants to make some profit.

This counter cannot play contra. The players in this counter have a history of a 2 to 3 month play just like in 2017. Looks like the are clearing the weak holders out first. As long as the price do not fall back to below 10 cts, my guess is the play is still on. Wait and see.