Directors generated lots of money from shares issuance Directors got lots of money to spend Shareholders cut loss or holding paper losses due to dilution of shareholding equity % and fall of share price.
oops... back to 0.015-0.02.... more retailers trap.... 30% pp on the way, follow by possible share consolidation. profitable company.... to directors only...
operators sold and bought themselved to push out the volume, to lure retailers enter at 0.02... before lunch the queue for bornoil is 0.02 (>700000 lots), when market opened at 2:30pm, all buy queue suddenly disappeared and birnoil back to 0.015-0.02.... and retailers are trapped at 0.02 .... wait till 30% pp out at 0.01 and share consolidation, retailers may then have slim chances...
operators sold and bought themselved to push out the volume, to lure retailers enter at 0.02... before lunch the queue for bornoil is 0.02 (>700000 lots), when market opened at 2:30pm, all buy queue suddenly disappeared and birnoil back to 0.015-0.02.... and retailers are trapped at 0.02 .... wait till 30% pp out at 0.01 and share consolidation, retailers may then have slim chances...
1 day ago
At this juncture, nobody want to buy penny stocks. Looking at the PP, I think this stock will move very soon.
EDUSPEC & DOLPHIN are the latest high NOSH low price penny stock proposing to do shares consolidation !!!
This announcement is dated 13 January 2023.
=================== Be careful trading high NOSH low price penny stocks
Directors have power to propose shares consolidation to trim down your shareholdings by many times and raise more fund via rights issue with free warrants
Long term shareholders holding at high prices will incur huge losses due to the corporate exercises
List of penny stocks with shares consolidation :-
2023 proposal in progress - MERIDIAN, VSOLAR, DOLPHIN, EDUSPEC
(i) proposed consolidation of every 20 existing ordinary shares in Eduspec (ii) proposed renounceable rights issue of up to 996,522,210 new Shares together with up to 498,261,105 free detachable warrants on the basis of 6 Rights Shares together with 3 free Warrants C for every 1 Consolidated Share
This announcement is dated 13 January 2023.
=============== EDUSPEC NOSH = 3,046,287,361
============== Be care trading and holding low price penny stocks with extremely high NOSH
gold price hike, verde resources at 0.14... but seems irrelevant to bornoil, as retailers kept squeezed by endless pp and esos .... and possible consolidation.....
================ Be aware that directors have the power to propose shares consolidation to reduce the NOSH and then raise more fund via rights issue as well as continue with shares issuance to PP & ESOS in near future.
Posted by sunsetbiz > 10 hours ago | Report Abuse get ready for 0.01-0.015 which anytime will happen........:) -------- the worst is yet to come . Yess - mother bornoil 1 sen WC & WD >> to graveyard @ coffin
think will still maintain at 0.015-0.02 until new 30% pp approve by sc. then they will set minimum price of pp at 0.01, and manipulate share price at 0.01-0.015....
Gold held above $1,900 an ounce on Thursday, hovering near its strongest levels in nine months on firm expectations that the US Federal Reserve will slow the pace of its interest rate hikes.
Gold held above $1,920 an ounce on Friday, hovering near its strongest levels in nine months on firm expectations that the US Federal Reserve will slow the pace of its interest rate hikes.
The metal is also on track to gain for the fifth straight week.
Be careful trading high NOSH low price penny stocks Be extra careful if holding high NOSH low price penny stocks
Directors have power to propose shares consolidation to trim down your shareholdings by many times and raise more fund via shares issuance for rights issue with free warrants
Long term shareholders holding at high prices will incur huge losses due to such corporate exercises
List of penny stocks with shares consolidation :-
2023 proposal in progress - MERIDIAN, VSOLAR, DOLPHIN, EDUSPEC
wait till minimum price of 30% pp announce..... if minimum price still 0.015 or worse 0.01, then gone case.... as with nta of 0.1 and few consecutive qr positive reports, directors still dare to squeeze retailers with very low pp price to get maximum own gain... likely share consolidation on the way to further....company share has been very much diluted past 2 years by endless pp and esos...
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....
sunsetbiz
640 posts
Posted by sunsetbiz > 2023-01-12 11:47 | Report Abuse
company need more funds for CNY......more PP n RI will come ....:)