Could it be the case that those got the PP (at $0.16 since July?) have started clearing the remaining batches to take profit or cut loss?
---------------------------- We refer to the announcements made on 1 July 2021, 2 July 2021, 16 July 2021, 19 July 2021, 26 July 2021, 18 August 2021 and 25 August 2021 in relation to the Private Placement (“Announcements”). Unless otherwise defined, the definitions set out in the Announcements shall apply herein.
On behalf of the Board, TA Securities wishes to announce that the Board had on 17 September 2021 (“Price-fixing Date”) fixed the issue price for the third tranche of the Private Placement at RM0.16 per Placement Share (“Issue Price”).
The Issue Price of RM0.16 is at a discount of RM0.0155 or approximately 8.83% to the 5-day volume weighted average market price of GPB Shares up to and including 15 September 2021 (being the last market day immediately preceding the Price-fixing Date) of RM0.1755 per GPB Share.
If that is the case,then that would be really a lot to clear.....Price will go down to less than 10 cents....
Usually pp would be taken up by real investor...But really wondering who actually will take pp of gpacket....perempuan himself,by using proxies so he doesn't need to declare in bursa?
But it is not to a single entity,as until now there is no new substantial shareholder....
Multiple proxies for sharks/perempuan.....Each acct holds less than 5%,so no need to make announcement for new substantial shareholder,this is the likely scenario....
@didi7349 - bahaya to take risk. U see Fintec price now - 0.02 now. ccpuan no out - no buy. tencent cheap n can go cheap cheap like fintec. No worth no worth
@tanchinku - tencent coming. how to profit when company sell news saja? tis company serious do business ke? pp pun roti canai pusing. better hope ccpuan out
Many pp lagi. pp server, pp new business n pp working capital. tis latest pp price is part of pp working capital. Every pp pun belum habis. Many tranches in every pp. pp sampai kantoi.
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....
KLSE_Observer
47 posts
Posted by KLSE_Observer > 2021-09-18 16:55 | Report Abuse
Could it be the case that those got the PP (at $0.16 since July?) have started clearing the remaining batches to take profit or cut loss?
----------------------------
We refer to the announcements made on 1 July 2021, 2 July 2021, 16 July 2021, 19 July 2021, 26 July 2021, 18 August 2021 and 25 August 2021 in relation to the Private Placement (“Announcements”). Unless otherwise defined, the definitions set out in the Announcements shall apply herein.
On behalf of the Board, TA Securities wishes to announce that the Board had on 17 September 2021 (“Price-fixing Date”) fixed the issue price for the third tranche of the Private Placement at RM0.16 per Placement Share (“Issue Price”).
The Issue Price of RM0.16 is at a discount of RM0.0155 or approximately 8.83% to the 5-day volume weighted average market price of GPB Shares up to and including 15 September 2021 (being the last market day immediately preceding the Price-fixing Date) of RM0.1755 per GPB Share.
This announcement is dated 17 September 2021.