Lesson learned, don't play contra with counter. Luckily I managed to pick up the purchases due. If not, it will end up force selling like what happened in the afternoon session. Well, it is good too, weak holders were wiped out.
Means Berjaya and PAC has already more than 50%, you guys can keep your shares at the moment, unless you want to sell at lower than market price, then they will collect more happily. Good move!
Now we can expect big deals are coming, that is why Berjaya wants to make Redtone a subsidiary by holding more than 50%. Transfer to main board soon, merge with U-Mobile, radiology projects take off soon? Interesting ride just begins.
You have the right not to accept the offer. The DYMM Sultan not accepting the offer also. Redtone will still be listed. Guess most existing directors/holders will not accept the offer unless they raise the offer price....I could be wrong. Anyway I am keeping it. As you know BJ had u-mobile and big things are coming.
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Posted by kenlfo > 2015-03-18 17:37 | Report Abuse
Is important to have support at 0.85.....else scare will continue to go down