Fair value for the mother is 67.5 sen. You will get this back if within 3 years if they couldnt get hold of any qualifying assets or you vote in EGM against the qualifying assets and you will get 67.5sen within 7 days.
As for now, it still speculative until a qualifying asset is found. Rather wait until it is around 60sen for the mother.
i wonder whether insiders who know beforehand the not good quarterly reportof KNM has been pushing up its price before result release so as to earn a bundle knowing high probability the price will slide once the result is out. maybe slide back to below 0.50 cents???
u suppose to hav ur plan b4 jumping in tis counter..u shud calculate the risk in tis trade..so don say lies or wat..u take the full resposiblity for ur own decision
tomorrow is Friday, the last trading day for this week, & also the last trading day of month of May.
looking forward to June & hope it will be another rollercoaster month, much more interesting than the quiet months before the GE. quiet months, can die from boredom.
based on SPAC counter ant it peers HIBISCUS cliq is considered undervalued and with its line of team management and BOD with vast experience CLIQ will be outperform in years to come.With forward project to be announce soon i guess the price will fluctuate between 500 to 520.Once major announcement is out price will definetely hit across 600.
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....
derrickinvestor
9,082 posts
Posted by derrickinvestor > 2013-05-30 20:37 | Report Abuse
Relaks la bro... I hold lbs when lbs gone down from 1.11 to 0.70. And 2day surge suddenly to 1.22