this counter goreng until rm 2.9 then dump all the way down you better just eat whatever is left on the table got half eaten lobster tail also just whack better don't wait
When operators left, the price will drop below the starting point. Thus, below 20cents in making. Do not any how catch the falling watetfall. Tan resigned
At the HEIGHT of the Second Board bubble in 1996, CFM hit $24.10, which is now only $1.50 after adjusting for the share increases. At the peak of the dot.com bubble in 2000, the adjusted price was no more than 50c. Now it's still ABOVE that...CAVEAT EMPTOR!!!
DON'T BE FOOLED by the """low""" share price!!! These sindiket modus operandi is to issue massive amounts of scrip that lower the price significantly, then goreng up to record highs, hoping to FOOL you with the """low""" share price that is actually very expensive based on historical price range.
I traded this shr before, buying @ 45c in '13 & selling for 95c in '14 when it only had 40 mil issued shares. Today's price is still MORE THAN 5X that level 10 years ago! Very very expensive & now sindiket clearly in DESPERATE DUMPING mode...
See the Fake push b4 10am & then DUMP with DOUBLE the amt now lol... Tomorrow T + 2 for 26 mil shrs...they are unlikely to push up for these hapless su(Kers to run profitably hehe
NOSH = 267,581,000 WA = 129,418,994 Maturity 2025-12-22 Strike value 1.1600
Free warrants as good as dead. Probably big boss turning this to another high NOSH low price penny stock to raise easy money from shareholders
More likely operators will keep pushing down the price to lower level for directors to later raise massive fund via massive shares issuance to Rights Issue, PP or ESOS or even asset acquisition from friendly parties.
Lots of money to raise from shares issuance even with low issue price of below 0.10 if current NOSH is increased by 1 BILLION shares
Easier for operators to manage low price stocks with higher margin of profits
Those who had bought the shares for bonus warrants in Dec 2022 and still holding the shares or warrants could be incurring heavy paper losses now.
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....
icecool
4,786 posts
Posted by icecool > 2023-03-20 17:36 | Report Abuse
this counter goreng until rm 2.9 then dump all the way down
you better just eat whatever is left on the table
got half eaten lobster tail also just whack
better don't wait