RM0.30 should be consider overpricing...since CEO had resigned, Company making huge loss, and beside this they need fund raising ask money from small shareholder : right issue + PP. sure share price will be diluted. TA only spot for short term price movement, RM0.30 should not be sustainable. No matter what is the issue price for right issue, share price will not be go up further from RM0.30.
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....
stonenut
2,776 posts
Posted by stonenut > 2014-09-11 21:35 | Report Abuse
Will fly... many investors pour in...