if director can convery his wc/wd at 0.07, why should bornoil give pp cronies such a low price and 15% discount?

hopefully one day macc investigate bornoil/bursa....

cronies likely acq bornoil at less than 0.01 next week....

pp cronies hv 15% discount from market price.... when market price at 0.04, pp minimum price 0.025... when narket price 0.025, pp minimum price 0.015..... when market price 0.02, pp no minimum price.... integrity in doubt... TAYOR....

esos again... how much esos and pp left for cronies?

should be good news. but all good news (gold mines 822kg with soaring gold price/ first cement clinker in sabah/sabasco sauce) cannot push up bornoil due to endless pp/esos, possibly consolidation... integrity in doubt... TAYOR...

integrity in doubt.... TAYOR....

bornoil previously share buy back at 0.05 and 0.035.... yet the offer private placement lower and lower till 0.0127 (maybe lower next week)to cronies...use company money for share buyback and benefit cronies with low pp price.... a bunch of greedy cunning old men....

integrity in doubt.... 50% pp and esos past 2 years at cery cheap price and 15% discount to cronies.... retailers share value very much diluted.... these may not be the end..... possibly consolidation is on the way....

3 billion shares that cronies acquored less than 0.013 waiting to be thrown to retailers at 0.015....

today transaction at 0.01 only, pp cronies will acq bornoil next week at 0.0085.....

how can bornoil announce isdue sharr capital as rm 697 million when market capitalisation is less than rm 150 million....

another 237,000, 000 new esos at 0.013.... macc should check sc and bornoil....

retailers bought at 0.015 today, later company make consolidation, 10: 1, share become 0.15...and company will again issue pp to cronies, and nosh will become 13 billion again with share price drop back to 0.015....

pp cronies acq 2 billion shares at 0.0128, today happily dispose 400 million shares, immediate 20% profit within 1 month.....

my prediction, because i think these shameless old uncles are greedy to no limit....

yesterday 300 mil shares transacted at 0.015... today only 3 million ahares transacted.... likely next week cronies/ proxy will sell more at 0.01 , so as pp beneficiaries/cronies can acq remaining pp at less than 0.01.....

after unloading, bornoil transaction will be low for long period till next pp comes...

cronies/ proxy unloaded another 150 millions shares at 0.015... acq at 0.0128 only.. 20% profit margin within few weeks...

after this pp completes, management will announce another new fundraising/pp for new venture into bario rice...

today roughly 70 mil shares sold at 0.015... proxy/cronied still have 1.5 billion shares that acquire at 0.013 to be sold to retailers......

one can see there is a bunch of thick-face, shameless and greedy old guys here.....

another tranche of pp at 0.0127 only....
another esos exercise of 245000000 shares at 0.013 only....

cronies/directors' proxy acquire 2 billion shares at 0.013, today they sold 250 million shares at 0.015?

few retailers keen to buy at 0.015... cronies/proxy niw sold at 0.01.... 5 days vwap will be less than 0.0125.... pp cronies will acq next tranche of pp at 0.011.... this is not fund raising for tge company... this is give free money to pp cronies by sacrifices the interest of other shareholders......

wonder who is latest pp cronies? MQ again?

pp cronies and directors involved will get handsome profit, with other major shareholders and retailers hv huge loss....

now buy queue at 0.01 more than 4
6 million lots, if latest pp still not finish, cronies will likely sell bornoil to themselves at 0.01 , and pp cronies will be able to purchase remaing pp with the price of less than 0.01.....

victoria capital ceased to be major share holder... if vc transaction (acq and dispose) from open market... means vc bought at 0.02 and sold at 0.015, 25% loss within one month....

once issuance of pp have been determined, the shares of detailers definitely been diluted. company persistently keep the share low is just to benefit the pp cronies. the fund that company raise will be low, but directors will not bother about this....

oops..
pp at 0. 013 only..... how much fund bornoil can raise if company purposely keep the share price low?

lelong....

lelong.....

oops, very poor quarterly report... also not a single word on gold mining.... liar🤥

it's not about business. it's seem like bornoil's plot. gild/cement/chilly sauce then bario rice.,always use new business venture to issue new pp.... exploit retailers to fatten cronies.....

bornoil plan to venture into bario rice.... likely another round of new pp issuance to funding the new venture?

cronies sold bornoil at 0.015.... tomorrow bornoil will announce another tranche of pp at 0.0135....

sell volume at 0.02 increased after latest pp.... sell immefiately after acq at 0.015?

cronies easily sakau rm20 million over past 3 years.....

previous po hv a minimum price of 0.015. latest pp no minimum price?

considering character/behaviour of the management board/director, bornoil likely will reach NOSH of 20 billion in another 5 years time.... and retailers will not get any benefit despite company making good profit....

gold 2036.... bornoil gold reserve estimates 822kg, roughly rm 240 million..... but bornoil really hv gold?

pp at only rm0.0159.... so sad.... when company nta at rm0.10..... management give 85% discount to pp beneficiaries.... i help u, u help me....

congrats.... multi millions into pocket again....

victoria capital bought 5% share on 26th april. good news? insider trading with whom?

egm on 5th may 2023. unable to attend physically. how to caat my vote to against the proposal?

liar.... integrity in doubt.... TAYOR......

director disposed shares. foresee bornoil will drop further? or start accumulate capital for cronies to acquire new pp?

new pp approved. egm soon. will retailers hv the power to reject new pp proposal?

gold 2045....