exercise of Warrants, more n more :) Additional Listing Announcement /Subdivision of Shares
Amended Announcements Please refer to the earlier announcement reference number: ALA-15062020-00019
GREEN PACKET BERHAD
1. Details of Corporate Proposal
Involve issuance of new type/class of securities ?NoTypes of corporate proposalExercise of WarrantsDetails of corporate proposalCONVERSION OF WARRANTS B INTO ORDINARY SHARESNo. of shares issued under this corporate proposal2,453,900Issue price per share ($$)Malaysian Ringgit (MYR) 0.4000Par Value($$) (if applicable)
Latest issued share capital after the above corporate proposal in the following
Units1,006,627,732Issued Share Capital ($$)Malaysian Ringgit (MYR) 667,799,214.010Listing Date17 Jun 2020
Remarks :There was a typo error in the latest issued share capital. It should be 1,006,627,732 instead of 1,006,627,723.
Announcement Info
Company NameGREEN PACKET BERHADStock NameGPACKETDate Announced17 Jun 2020CategoryAdditional Listing Announcement /Subdivision of SharesReference NumberALA-17062020-00019
Green Packet buying volume expanded, says AllianceDBS KUALA LUMPUR (June 18): AllianceDBS Research said Green Packet Bhd (GPacket) had on June 17 traded higher to 73.5 sen before closing at 71 sen (up 3 sen or 4.41%). In its evening edition June 17, the research house said GPacket crossed above 50-day MA line on June 17 to stay between the 20-day (blue) & 50-day MA line (red) after spending 3 days below the same 2 MA lines. It said following the up close on June 17, the stock is likely to move higher with immediate hurdle at 75.5 sen. “A crossover of 75.5 sen should see further price rise to the next overhead resistance zone, 80 sen – 82 sen. “The support is pegged at 64.5 sen. A fall below 64.5 sen would put pressure on the stock down to the subsequent support at 60 sen,” it said. AllianceDBS Research said stock volume traded on June 17 was 177.4 million shares compared to the 3-month average volume of 299.4 million shares.
after big volume yesterday, today the price can't sustain...why ? because those big volume yesterday will whack all the way down like a lose track train going downhill....run
I think this operator is a bit tricky and seem that they can easily push up or down on the pricing as majority of share being accumulated under their hand, the share price under correction when KLCI index is up and suspect that they want to play it up when the index is under correction. In the correction phase whoever want to exit already done so and when everybody buy and hold the share for their future prospect this will reduce the share resistance in next up cycle. Let's hope and see if CCPuan and GP management will reward the shareholder handsomely in the next cycle up.
Also notice that today warrant listing is 288,000 share only , will the conversion come to an end stage ? Just monitor on next announcement if additional listing exercise surface..
the biggest bet now is on digital bank. If you buy gp to bet on this then no need to see price up or down everyday. If you believe they can get it...easily double triple your investment. As you can see they are already on the move to make sure they can achieve this buy acquiring Xendity
Additional Listing Announcement /Subdivision of Shares
GREEN PACKET BERHAD
1. Details of Corporate Proposal
Involve issuance of new type/class of securities ?NoTypes of corporate proposalExercise of WarrantsDetails of corporate proposalCONVERSION OF WARRANTS B INTO ORDINARY SHARESNo. of shares issued under this corporate proposal288,000Issue price per share ($$)Malaysian Ringgit (MYR) 0.4000Par Value($$) (if applicable)
Latest issued share capital after the above corporate proposal in the following
Units1,008,708,732Issued Share Capital ($$)Malaysian Ringgit (MYR) 668,631,614.010Listing Date19 Jun 2020
Announcement Info
Company NameGREEN PACKET BERHADStock NameGPACKETDate Announced18 Jun 2020CategoryAdditional Listing Announcement /Subdivision of SharesReference NumberALA-18062020-00009
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....
Newbieee
131 posts
Posted by Newbieee > 2020-06-18 09:27 | Report Abuse
Padan muka Gpacket, seems like many haters and don’t allow the price go up..
Cc Puan, consequences of manipulate playing ..