Directors continue to issue shares at cheap price to reward employee even though company business failed to bring in profits
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MQ TECHNOLOGY BERHAD ("MQ TECH" or "the Company")
(a) Date of offer: 3 March 2022 (b) Exercise price of options offered: RM 0.0397 each (c) Number of options offered: 50,000,000 (d) Market price of MQ TECH shares on the date of the offer: RM0.0450 (e) Number of options offered to employee of MQ TECH: 50,000,000
============ Expect directors to continue share issuance to PP, ESOS, RI to raise more fund to sustain business losses
NOSH continue to increase. Long term loyal retail shareholder equity % continue to decrease
=============== Continue to monitor quarterly results directors plan for utilisation of company funds directors plan for more fund raising via shares issuance
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....
de_investor
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Posted by de_investor > 2023-02-28 17:27 | Report Abuse
waiting for new news