If you want to push price, you must have liquidity. Currently only owner/family has most of the stock, previously nobody want to buy this stock. He will inject some liquidity by selling to the market or give to 3rd party thru off market transaction but he can only give a bit because the big chuck already promise to S5.
The group said earnings per share (EPS) of the company S5 was 8.6 for the latest audited 15-month financial period ended Dec 31, 2019. Dsonic EPS: 4.47 MYEG EPS: 6.87
limitupupup The group said earnings per share (EPS) of the company S5 was 8.6 for the latest audited 15-month financial period ended Dec 31, 2019. Dsonic EPS: 4.47 MYEG EPS: 6.87
If u take no. of shares S5 going to issue, it might be different scenario. If ALB shares To consolidate 10 to 1, then issue 900m shares to buy S5. What do u think the price S5 will be?
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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....
limitupupup
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Posted by limitupupup > 2020-07-21 22:36 | Report Abuse
Hehe. Another potential counter, tp rm1.80 as published