Latest issued share capital after the above corporate proposal in the following Units 281,713,371 Issued Share Capital ($$) Malaysian Ringgit (MYR) 249,754,978.000 Listing Date 18 Sep 2020
Will be interesting to see how permaju price will hold tomorrow. if most of the newly listed shares belong to the public, then there will be selling pressure. however, if eddie chai family holds most of the 90+ mil shares, then permaju will soon fly.
Many people converted last 2 week when price was high above 40sen. Converters give up hope selling for small profit. Or even some losses if they bought PA at 7sen.
0.24 is 52-week low. PA below issue price of 0.05. Looks like converters and original PA holders lost faith in this company and cutting loss. Or operator trying to discourage too many conversions.
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....
stockintalk
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Posted by stockintalk > 2020-09-16 07:15 | Report Abuse
https://m.malaysiastock.biz/Company-Announcement.aspx?id=1259091
转换股企业活动至14/9/2020更新的话,Permaju 才只有280,247,771 share or tickets,。转换股活动@每股25 sen.
21 Aug 2020
140,524,880 shares holded by Mr Chai Woon Yun, have never sell any single ticket.