ULTIPLE PROPOSALS BSL CORPORATION BERHAD ("BSLCORP" OR THE "COMPANY") (I) SHARE SPLIT; (II) PRIVATE PLACEMENT; (III) BONUS ISSUE OF WARRANTS; AND (IV) ESOS (COLLECTIVELY REFERRED TO AS THE "CORPORATE EXERCISES")
Many retail investors conned by directors' intentionally pushing the price down through 3 divided private placements which were listed at progressively lower price. Those who cut loss going to cry soon.
Who do you think subscribe to those private placements? Those directors themselves or their proxy, of course. They just want to get their share at below market prices. They themselves had subscribed to those 1st 2 rounds of PP at much higher prices.
Who is so dumb as to subscribe to the last private placement batch since the 1st 2 batches had them losing money like hell? No one is that dumb. Except this is intentional for someone to collect cheap.
After corporate excercise and completion of last tranche of private placement , BSL. will request to be transferred to Technology sector from present Industrial
After 30% PP. ,NOSH. is 278 millions shares ,which is quite small so potentially upside rewards is good as long as the Executive Director is not associated with Fintec bosses.. .
This is a Fintech company & within 1-3 months it will go to 5 sen with hundreds of millions of shares to be issued as PP at around 5-6 sen Just be very careful
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Posted by Superbull8798 > 2022-03-29 08:56 |
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