Additional Listing Announcement /Subdivision of Shares MQ TECHNOLOGY BERHAD
1. Details of Corporate Proposal Involve issuance of new type/class of securities ? No Types of corporate proposal Private Placement Details of corporate proposal PRIVATE PLACEMENT OF NEW ORDINARY SHARES IN MQ TECHNOLOGY BERHAD ("MQ TECH"), REPRESENTING NOT MORE THAN 20% OF THE ENLARGED NUMBER OF ISSUED SHARES IN MQ TECH ("MQ TECH SHARES") (EXCLUDING ANY TREASURY SHARES) PURSUANT TO SECTIONS 75 AND 76 OF THE COMPANIES ACT 2016 ("PRIVATE PLACEMENT") No. of shares issued under this corporate proposal 42,000,000 Issue price per share ($$) Malaysian Ringgit (MYR) 0.0515 Par Value($$) (if applicable) Latest issued share capital after the above corporate proposal in the following Units 847,029,984 Issued Share Capital ($$) Malaysian Ringgit (MYR) 67,678,965.020 Listing Date 09 Sep 2021
I don't know about you guys, but my indicators show that accumulation is in progress, but how high it will go I don't know, as previously the highest it went up after I bought at 0.065 was only 0.07.
my view is, warrant goreng over... last few day or last week push to 1.5sen... now i suspect operator already run all the ticket... so if not manage to run.. then u will total loss... but only my view... no call any buy sell...
At 0.005, it's hard to push up the warrant's price as the ex price is +0.1. The mother is trading at 0.055 right now. If anything, maybe there's a final play to push the mother to at least 0.105 but even that might be too much for MQ Tech. 0.09 is achievable though.
that y i say, if u still hold warrant now.. prepare to convert or u will total loss... i dun think will goreng warrant for another round... 0.5sen also dun think now can sell...
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....
bojed
5,064 posts
Posted by bojed > 2021-09-08 11:17 | Report Abuse
Nice it has dropped to 0.08. Casting my net at 0.06 LOL!