Doing nothing is obviously not a good strategy when you see something is falling from the sky. Standing still and doing nothing had led to many having huge paper losses. Members must think rationally and don’t let your mind controlled by some KAKI KONG a& KAKI SONG in the forum. Your money you decide for yourself.
Those who didn’t join the group were better off. To be honest, they would not have to go through this suffering process. Many of them are caught at sky high prices because there are too many KAKI Kong and KAKI Song fans & investors who are not actually over confident but also refused to accept the facts. Heard the one created the group already left sometime ago, anyone can confirm ??
The problem is not because of shortages in coal. What is haunting the investor all these while is the non stop fund raising exercises. Is the management giving any assurance that they have sufficient fund to finance and run its ongoing working capital.
Don’t be surprised no dividends will be given this time. Everyone expected Kossan and Supermx to continue giving good dividends but end up with no dividend. Please see their previous pre pandemic dividend record. Everything is over and things are back to normal, don’t place too much hope on dividend anymore. They are not high dividend yield counters.