================ Be aware that directors have the power to propose shares consolidation to reduce the NOSH and then raise more fund via rights issue as well as continue with shares issuance to PP & ESOS in near future.
Modus operandi of many loss making penny stocks 1. Directors fail in generating business profit 2. Show Multi year losses, multi quarter losses 3. Directors repeatedly do fund raising via shares issuance to PP, ESOS and asset acquisition 4. Directors utilise most of the fund raised 5. When NOSH reach unmanageable Billions of shares, directors do shares consolidation, follow by fund raising via rights issue 6. Repeat step 1 to 5
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....
Siang9282
327 posts
Posted by Siang9282 > 2023-01-04 15:48 | Report Abuse
the opposite is a strategy