Loss making high NOSH penny stock If bought and hold at 4.5sen, the risk is directors might announce shares consolidation in near future Eventually, price also drop til rights issue price.......more drop expected
On behalf of ZTIB, TA Securities wishes to announce that the Rights Issue has been completed with the listing of 1,616,864,884 Rights Shares and 1,077,909,475 Warrants on the ACE Market of Bursa Securities on 13 February 2023.
This announcement is dated 13 February 2023.
=============== Directors collected 1,616,864,884 X 0.015 = RM24.25 million from the rights issue subscribers
Subscribers who are still holding to the rights shares might be left out to dry with the share price hovering below rights issue price for long time.
Take note of the high NOSH of multi BILLION shares and BILLION warrants
Directors have power to raise more fund via shares issuance to PP, ESOS, etc Directors also have power to do share consolidation when NOSH gets higher, in near future
ZEN TECH INTERNATIONAL BERHAD (FORMERLY KNOWN AS INIX TECHNOLOGIES HOLDINGS BERHAD)
Take profit if there is profit Don't be greedy and stuck at cheap price but yet losing money
NOSH = 2,425,297,326 WB= 1,077,909,475
On behalf of ZTIB, TA Securities wishes to announce that the Rights Issue has been completed with the listing of 1,616,864,884 Rights Shares and 1,077,909,475 Warrants on the ACE Market of Bursa Securities on 13 February 2023.
============= Operators and subscribers of rights share @ 0.015 very likely disposing their massive shareholdings and warrants to lock in the profits around this price
Wow... 3 sen already... Go go go follow topglove...2 days of green candle already... If Monday also green,that means 3 white soldier bullish candlestick pattern ha ha...
In a filing with Bursa Malaysia, the IT service management company said it entered into a share sale agreement (SSA) with Koh Chee Siong for the acquisition of 4.16 million ordinary shares, representing a 70% stake in Alpha.
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....
whistlebower99
4,876 posts
Posted by whistlebower99 > 2023-03-07 17:41 | Report Abuse
Loss making high NOSH penny stock
If bought and hold at 4.5sen, the risk is directors might announce shares consolidation in near future
Eventually, price also drop til rights issue price.......more drop expected