In a proposed SCR situation for Mycron, the highest possible offer price is probably RM1 20 which is too generous in view that the highest market price in the past 5 years is only 98.5 sen. The likely offer price is RM1 and anything higher is a bonus.
PN17 stands for Practice Note 17/2005 and is issued by Bursa Malaysia. In general, PN17 companies normally have some financial difficulties. As such, investors get quite worried when some fo the shares they hold are for PN17 companies.
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....
Posted by mf > 2022-04-18 10:04 | Report Abuse