Coming in from whom? Will you pump $$$ into a company which suffers losses monthly? Perhaps as a last resort might request shareholders to cough out more via a rights issue after another share consolidation exercise? For the sake of all current shareholders I hope I'm wrong!
The first RM100 million will be paid by issuing 800 million PUC shares at 12.5 sen per share.
An additional RM7.5mil in cash will be payable once Alevate Capital and Alevate Solutions achieves a pre-tax profit of RM16mil from July 1, 2024, to June 30, 2025. The balance will be subject to achieving a further profit guarantee milestone of RM32mil in pre-tax profit from July 1, 2024 to June 30, 2026.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
BuildBackBossku
426 posts
Posted by BuildBackBossku > 2024-05-30 15:00 | Report Abuse
Park some at 0.05, and bet on an improvement in quarterly results