Gpacket price being push up 30% recently but son price being suppress without much movement, anticipating a strong "uptrend" with this pc of good news and Dow Jones closed strongly last night
The 20 sen off market deal is a block purchase which command for a premium price and the investor is confident that the mother share will worth beyond 60 sen . The investment is vote of confidence to the prospect of the company.. prospect is good in view of future earning from AI , Fintech and most exciting is the 5G technology not forgeting the 32% stake holding in G3..
According to Bloomberg data, the shares were traded at 20 sen a piece or RM14.52 million. The identity of the buyer and seller were not immediately known.
Dont care 72mil wb at 0.200 is real or not, but recently wb are more buyer collecting now. if many people collect will build up very strong support on there, once 72mil wb news is real mean will direct fly to sky......
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....
willc48
723 posts
Posted by willc48 > 2019-07-24 00:36 | Report Abuse
I doubt gpacket will generate long term market interest. FinTech will burst. There is no need for so many FinTech products services & players.