With +GST potential reintroduction and Dnex sentiment to retain above rm1 price
Censof will only ride higher
Anyway their story with Dnex so interesting, got a whopping 70mils loan to buy half Dnex stake from Khazanah - along the road OnG crashed....their own biz not doing good......margin call.....dispose share to reduce loan service rate
from 45% shareholding went down to about 13% then 8%
Dnex is doing almost exactly the same godddam thing - buying about 30% Silterra from Khazanah with a potential loan money.....but this time not alone with CCP backing
Let's see how things unfold in next few months if not years.............
You should know why it is still not flying. There is at least 50 million shares need to be issued via private placement. Right now, they are trying to lower down the 5 days vwap so that they can issue out the remaining shares as low as possible. After that, sure this share will fly high.
tmr or next week will be the show look back at Hextar November 2020 December 2020 and January 2021 they are similar pattern just see how the operators do it
Confirm gap up kaw tmr! Definitely not sell on news. If yes before news already pump up. If you guys notice the news came out at 330pm and then vroom! Ride the wave guys. Good luck!!
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SmartInvestor8877
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Posted by SmartInvestor8877 > 2021-03-12 13:59 | Report Abuse
GFM is better than Censof