Operator buy low and it may take months or more than a year before pump up the price... They don't might if the price keep falling as given them opportunity to collect the chips at much lower cost. For retailer, we have very limited fund$. We need the limit capital to invest in other stocks. Bottom catch sometime need luck...
Could it be the case that those got the PP (at $0.16 since July?) have started clearing the remaining batches to take profit or cut loss?
---------------------------- We refer to the announcements made on 1 July 2021, 2 July 2021, 16 July 2021, 19 July 2021, 26 July 2021, 18 August 2021 and 25 August 2021 in relation to the Private Placement (“Announcements”). Unless otherwise defined, the definitions set out in the Announcements shall apply herein.
On behalf of the Board, TA Securities wishes to announce that the Board had on 17 September 2021 (“Price-fixing Date”) fixed the issue price for the third tranche of the Private Placement at RM0.16 per Placement Share (“Issue Price”).
The Issue Price of RM0.16 is at a discount of RM0.0155 or approximately 8.83% to the 5-day volume weighted average market price of GPB Shares up to and including 15 September 2021 (being the last market day immediately preceding the Price-fixing Date) of RM0.1755 per GPB Share.
one day drops 1 cent...10 cent by next friday....then the monday after that reverse split 10 to 1....stock price goes bac to rm1.....qr out the following day, stock price will continue to drop after qr....
Macpie shares acquiring by Key Alliance from the open market ended on 13 Sep so it would not fly higher already... right?
Posted by RedEagle > Sep 16, 2021 12:19 AM | Report Abuse
Key Alliance Group Bhd has emerged as a new substantial shareholder of ACE Market-listed Macpie Bhd after buying a 5.91% stake or 55.96 million shares in it in the open market. The group said it spent a total of RM5.34 million to acquire the shares between Sept 6 and Sept 13.
My attempt failed based on the below comment, drop to 0.395 today. May sell off to cut loss.
Posted by scouzerkopend90 > Aug 26, 2021 1:18 AM | Report Abuse
Banker already accumulate at bottom. Able to sustain price at 0.410-0.430 range for past week. MACD on 4h candle also crossing and showing good momentum. Potentially can go above 0.50 within a week or two.