I believed many in this forum may have missed what I have written yesterday. Please go back and take a look at it. To understand CSY & parters in VC need to look at MMAG. Formidable opponents if Dato is serious in taking over VC as vehicle for listing. CSY & partners control MMAG very tightly via holdings of MMAG, MMAG-PA & MMAG-WA
standing above 8 cents...Dato is buying more n more shares...no signs of drastic drop/sudden death..no good news yet....slow slow go up or fast fast go up i also hv no complaint...
Agreed with ktrader. VC-WB grab while you can. CSY major shareholder MMAG Warrant . No VC board member have substantial holdings of. VC-WB according to VC 2019 AR
Effectively no 2 to 5 controls 343,874,000 shares or 47%. More if they are willing to fork out more money to convert the ICPS.
How can the group prevent the takeover by Dato? One way is to push the price higher to make it more expensive for Dato to buy. By blocking it at lower price actually makes it attractive for Dato to increase its holding take control of this cash rich company while making the group losing more grounds.
Either option, it is a windfall for other investors like us. Cheers.
with the ban on IDSS, the group can no longer sell 'angin'. They have to put real shares on sale. That is why they frantically converted the ICPS, even at loss, to prevent the take over by Dato.
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....
TianTianHuat
609 posts
Posted by TianTianHuat > 2020-04-14 09:43 | Report Abuse
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VORTEX (vc)
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VORTEX (vc)
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VORTEX (vc)
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