will someone please explain why any sane person want to pay 20 sen to subscribe to the rights when he can buy the mother share in the market at 0.025 sen
Announced EX Date Subject Ratio Offer 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 09 Jun 2011 21 Jun 2011 Rights Issue (warrant) 2 : 1
Long term holders will suffer huge losses if still holding rights issues @ 0.25 and 0.05
=============== Continue to monitor quarterly results directors plan for utilisation of company funds directors plan for more fund raising via shares issuance
============= Be careful holding high NOSH multi year loss making penny stocks, many of which had done shares consolidation
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....
klugman
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Posted by klugman > 2022-11-11 16:54 | Report Abuse
will someone please explain why any sane person want to pay 20 sen to subscribe to the rights when he can buy the mother share in the market at 0.025 sen