Guys, looks like the operators have flush out all the contra players andd weak holders. At the same time, they have set a lower base for the pricing of the PP, the rationale is obvious...
Once the company set the AGM for the transfer of the listing to the new company and the announcement of the PP, the bottom is thus set for this counter...
Issued price will be determined later after all relevant approvals have been obtained. In any event, the issue price shall not be at a discount of more than 10% from 5 days volume weighted average price of kstar immediately preceding the price fixing date
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sandrakkc
1,014 posts
Posted by sandrakkc > 2021-02-04 12:53 | Report Abuse
I was looking at Homily chart. The last support of 20.5 before the selldown had become the resistance now.