If you mean meletup in the sense it will rally, i hope so too. But i suspect it will continue to ding dong. Still at 0.235. Short term opportunity cost risk.
If calculate like this way, total additional listing up to date 6.4m units x (average 0.26 - issue price 0.205), only RM0.35m.....long way to go, we can see ESOS will still come in... but this is draft calculation, not 100% correct.
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richardlee
2,005 posts
Posted by richardlee > 2017-07-11 16:24 | Report Abuse
Aiyoh, 0.23 even. So far I have not been wrong to warn of short term ding dong risk for this stock.