this counter forum is being monitored. someone trying to hide the truth. now its hopeless when fintech team in. the price keep dropping and what do you expect? heading to 12c or could be less. CL when you got time. save whatever money you left. just wait for the perfect time to pnd
ARB drops almost 25% on proposed rights issue of new shares. Directors resorting to fast and easy way to raise company fund instead of focusing on generating more profits from businesses.
If the price before the Ex-Date of the right issue transacted below 12 sen, that means the situation will be as what happened to the last RI exercise of Kanger.
Maybe, it's a probability that the same gang of operator/s involved. TAYOR...
Directors are responsible to ensure success of rights issue exercise to raise fund from shareholders but they are not responsible to ensure shareholders make money from subscription of rights issue shares.
17/11 Ex-date 19/11 commencement for trading of rights 25/11 last day of sale for rights 3/12 last day of acceptance & payment 17/12 Tentative listing date
Oil bunkering business profitable or not? Look at Straits, the profit margin is very low for Straits. What make market expect Fast can earn more from this? Fast's share number will become more after right issue.
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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....
tonygofly
285 posts
Posted by tonygofly > 2021-11-04 17:36 | Report Abuse
those that take advantage of the dip or the one that cut loss early??