Hamsterhuat....refering tonyour question, yes normally after RTO, the price will rise. On normal circumanstances.
It may come in many form. When it happen, ancom okd shares will be exchange withbthe newco shares at a valuation to be determined by the relevant authorities. It may come in a ratio of exchanges. Normally the valuation of the new shares should be attractive considering thisbis a heavily politicised stock. The cronies will wan to benefit themselves with lofty valued new shares.
After the RTO, the share base definitely will be emlarged many times which place it on par with some of the main board mid cap stock. Therefore, its no longer an ACE stock and ots stock deserve a premium valuation in view of the main board status.
IF and IF everythg goes well. Bear in mind, many thinga could happen from now til then. Deal could be cancelled for worse case scenario. Of course we cant always look at the rosy side. When i give my view i will have to outline the risk factors.. its only fair to comment on such a way.
Buy on rumor, sell on news. So the news came out? If not yet, operator duty is not done yet. Like I mentioned earlier, half of RTO TP0.80. Buy at your own risk.
Actuallly in this case, we wikl need news to boost the price. Rumours already there rto. We need real news if it goes thru and if yes at what valuation...these will determine the direction of the price. If the real news on the valuation is so damn good, then the news leak out wikl be BUY ON NEWS.
In thus case i suppise its trading on rumour buy on news. :)))) hahaha my own term
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Posted by Moneygame33 > 2020-08-26 17:18 | Report Abuse
Moneygame33 大家可以去看看 OCNCASH 17/8 的图是不是有点像今天ANCOMLB??
26/08/2020 5:16 PM
说真的 其实我有卖出点,也买进回。。我手上的票还是有,不要以为我是叫您们卖我去买。。。要是这样想法 ,哈哈先管好自己人格先 再来股市玩