Another round of fund raising via shares issuance will likely increase the NOSH to more than 3 BILLION shares
Massive dilution of shareholders equity % and EPS due to conversion of warrants and shares issuance to PP
Loss making for 10 years in a row
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
=============== Continue to monitor quarterly results directors plan for utilisation of company funds directors plan for more fund raising via shares issuance
KUALA LUMPUR (Aug 9): Green Packet Bhd further reduced its stake in G3 Global Bhd to 4.67%, after selling 40 million shares for RM20 million.
These were the warrants that had been converted into shares by Green Packet in May this year. The company converted a total of 305.25 million warrants into shares on May 19.
Bloomberg data shows that the latest 40 million shares were sold at five sen each.
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....
AmirIffaan
256 posts
Posted by AmirIffaan > 2022-08-02 22:03 | Report Abuse
Masih mantap pergerakan hari ni kendatipun berlaku isu geopolitik yg dahsyat