Ex Price 0.215. Rights issue 2 for 1 at 20 cents. There will be 3X the no of shares in the market. Who want to subscribe. Upon listing could be lower than 20 cents.
Based on price movement of other penny stocks with similar shares consolidation and rights issue, price most likely will go below rights price of 0.20 before the listing of rights shares.
Consolidated share price drops from 0.58 at 7th Jan 2022 to 0.21 today. It sure shows how confident the market with this company, hehe. Come come, syndicate promoters. Remember to swarm this forum with whitewashing comments, okay?
promote since pre conso and right issue now still got face come out again, haha. talk is useless, got money then buy all the OR and subscribe the right issue
@StevenKhoo111 thanks for sharing. If operator doesn't push up the price, the major shareholders will have to fork out a big chuck to subscribe to the RI, including the excess application. It becomes meaningless to raise capital from the market. Too late to abort the exercise now
Who is more syndicate, me? Or someone who keep saying price will plunge down further to make people sell at loss price while u can get in with cheaper price?
Anyway bruh, just blow water, don’t take my word seriously :)
@ET8888 If you have Direct CDS akaun under your name, can subscribe thru "Bursa Anywhere" Apps which is very convenience but need e-banking account to transfer money. If you are using "RakutenTrade", they will have subscription option under "Corporate Action Subscription" in the trading webpage. Another option is to fill up the subscription form, buy the require bank draft/cheque and submit on your own or post to the registrar stated.
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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....
SengGor1011
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Posted by SengGor1011 > 2022-05-05 13:08 | Report Abuse
construction index generally already go up, except for Ages,
KIV first got chance