Insas is a holding co. they can sell all Inari and keep 1 billion cash in bank and use it for other ventures.
doesnt mean they will distribute to you.
dato thong if very silly, will distribute 50% to u. if not so silly, will give u 20c. if not silly at all, wont give u anything, maybe free warrant and some bonus. but after adjustment, all back to square.
remain as an undervalued gem forever....
you think u can trade insas and make a fortune? fat hope.
Insas wont sell Inari. Probably just sell a bit to fund the search for next golden egg. Inari can sell for a lot more than the market price suggest.
However, you really need a lot of patience with this counter. Good thing is that Inari value alone will kept it at around 60-70c. Downside is possible but limited. Long term investment lor...
Abnormal drop with nothing happen with the company n world financial .. These 3 days insas had drop from 1.04 - 0.92 the volume of shares r less .. Mean rebound date will be soon actually .. Let's see until Thursday ..
Forever, it is always rebound after the price drop.....the question is dont know will start to rebound at what price?...maybe at 0.92, 0.90, 0.87, 0.80, 0.75....however this counter should consider safe if you bought below 90cents with NTA at RM1.80 (majority in cash + investment ).
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kingcobra
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Posted by kingcobra > 2015-04-25 20:27 | Report Abuse
1st (Friday) and 4th (Monday) of May market closed for Labour Day n Wesak Day resp.