KLSE (MYR): CYPARK (5184)
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Last Price
0.67
Today's Change
+0.02 (3.08%)
Day's Change
0.65 - 0.675
Trading Volume
5,324,900
2024-10-16
2024-10-16
2024-10-16
2024-10-16
2024-10-16
value88
711 posts
Posted by value88 > 2022-05-27 21:25 | Report Abuse
It is weird that EPF disposed of 5mil shares before the 2 directors did. The 5mil shares are a lot as Cypark's daily transaction volume is less than that on normal day.
I noticed all the Cypark shares owned by the two directors are in the pledged account. Is it possible that the two directors foresaw they would face a margin call after the drastic drop on 24th and took the initiative to dispose before force selling comes? This is possible but not likely..