Dompeilee, don't waste your time talk east talk west talk cxxk here... Later our group of investors will pump in another 100 million units for Techna x and push the price up again.. There is not a damn thing u can do about it, Mr Dompeilee..!
Posted by dompeilee > Dec 19, 2020 8:17 AM | Report Abuse
If Jared Lim & Soh Chee Wen are not involved.....
---------------------------------------------------- Price behaviour reflect public confidence (on its new leader & new expectation of earning future) , non-performance at this critical juncture trigger off a vicious cycle.
The price at which each Conversion Share shall be issued upon conversion of the Notes (“Conversion Price”) shall be:
(i) in respect of Tranche 1 Notes, 85% of the average closing price per Share on any three (3) consecutive market days as selected by the Noteholder(s) during the thirty (30) market days immediately preceding the relevant conversion date on which SHIB Shares were traded on the Main Market of Bursa Securities;
(ii) in respect of Tranche 2 Notes, 88% of the average closing price per Share on any three (3) consecutive market days as selected by the Noteholder(s) during the thirty (30) market days immediately preceding the relevant conversion date on which SHIB Shares were traded on Bursa Securities;
(iii) in respect of Tranche 3 Notes, 90% of the average closing price per Share on any three (3) consecutive market days as selected by the Noteholder(s) during the thirty (30) market days immediately preceding the relevant conversion date on which SHIB Shares were traded on Bursa Securities; and
provided always that the Conversion Price is not less than RM0.18, being the minimum Conversion Price for the Notes (“Minimum Conversion Price” or “MCP”). If the Conversion Price for each Conversion Share calculated in accordance with the conditions (i) to (iii) above is less than the Minimum Conversion Price, the Conversion Price for each Conversion Share shall be equal to the Minimum Conversion Price
"always ... the Conversion Price is not less than RM0.18....",
it's being done now by plenty of 1 units "book the sellers" transactions , (on the Board) , it's ridiculous cheap unnatural way of dummy-trades to fix charts....
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....
Allen123
257 posts
Posted by Allen123 > 2020-12-21 09:37 | Report Abuse
0.195 also cant go how to 0.205?