still holding strong at 30..... currently no direction ..... it can either go up or down... need to break 30 to form uptrend movement... if drop below 27, might see retracement back to 15c..... high risk high gain.... no risk no gain......
just movement of trap. they will steal all investor money, management team bad, nta bad, financial background also bad. Don't ever wasting your time to put your money on this counter. Try others !
closing at 30c and sustainable..... penny stocks all behave like that... purely TA and cannot base on FA and BOD and Mgmt ..... More for speculation.....
If break below 30...... changes to go back to 10c is always there... if can sustain and move higher.... we might see the range of 40-50c..... choice is yours
Announced EX Date Subject Ratio Offer 07 Dec 2023 20 Dec 2023 Rights Issue (warrant) 6.0000 : 1.0000 0.1000 16 Oct 2023 27 Oct 2023 Share Consolidation 1.0000 : 10.0000 20 Oct 2017 01 Nov 2017 Rights Issue (warrant) 1 : 2 0.2500 20 Oct 2017 01 Nov 2017 Rights Issue 2 : 1 0.0500 28 Jun 2017 10 Jul 2017 Share Consolidation 4 : 1
Look at Capital Changes and Annual P/L in above link
============= NOSH = 1,992,713,801 WC = 429,676,804 After latest share consolidation and fund raising via massive rights issue, NOSH approaching 2 BILLION shares !!
Multi year loss making company 10 years losses in a row !!! (2015 to current)
================== Continue to monitor quarterly results directors plan for utilisation of company funds directors plan for more fund raising via shares issuance to PP, ESOS or asset acquisition
================ Don't be caught at high price !!! Price might eventually dipped below 10sen again when directors unable to turn around the business losses
as long the price didn't go down to below 30.... I think is a good trending for future upwards..... yet to see the price test back the previous higher range of 35-40..... to be safe to go in, technically need to see the price break above 40 and sustaining..... otherwise, i would say it will trend between 30-35 range only..... not much action and not so good for traders....
Announced EX Date Subject Ratio Offer 07 Dec 2023 20 Dec 2023 Rights Issue (warrant) 6.0000 : 1.0000 0.1000 16 Oct 2023 27 Oct 2023 Share Consolidation 1.0000 : 10.0000 20 Oct 2017 01 Nov 2017 Rights Issue (warrant) 1 : 2 0.2500 20 Oct 2017 01 Nov 2017 Rights Issue 2 : 1 0.0500 View 28 Jun 2017 10 Jul 2017 Share Consolidation 4 : 1 View 09 Jun 2011 21 Jun 2011 Rights Issue (warrant) 2 : 1 View
===================== NOSH = 1,999,313,001 after share consolidation in Oct 2023
NOSH approaching 2 BILLION shares again after massive fund raising via RI in Dec 2023 and conversion of warrants
Expect directors to restart and continue massive fund raising via shares issuance to PP, ESOS, RI, asset acquisition, etc
Expect NOSH to increase and shareholder equity % and EPS to be diluted with massive share issuance in near future
================== Continue to monitor quarterly results directors plan for utilisation of company funds directors plan for more fund raising via shares issuance to PP, ESOS, RI , asset acquisition, etc
=========== Expect Cindy Kate to play the price to attract & trap newbies, punters, fomo oldbies etc
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....
cK1973
1,820 posts
Posted by cK1973 > 2 months ago | Report Abuse
sustaining well at 30...
if go below, might not be a good sign...
lets see what the market maker wanna do...