Limited shares in the market as below: 116m or 35% held by private co 117m or 35% held by individual insider 95m or 29% held by public. it can swing either direction easily and swiftly
Handsome5555g, until a logical explanation be found why warrants are not moving in relation to mother, I view your forecast with suspicion. Hope ur view is right though.
Newly appointed Mr Vivek is from Vad venture bhd! Is already telling us that the reverse take is already in the pot. Vad venture bhd ( high technologies) related to People from TM
Additional Listing Announcement /Subdivision of Shares CONNECTCOUNTY HOLDINGS BERHAD
1. Details of Corporate Proposal Involve issuance of new type/class of securities ? No Types of corporate proposal Private Placement Details of corporate proposal PLACEMENT OF UP TO 10% OF THE TOTAL NUMBER OF ISSUED SHARES OF CONNECTCOUNTY HOLDINGS BERHAD ("CONNECT" OR THE "COMPANY") No. of shares issued under this corporate proposal 33,000,000 Issue price per share ($$) Malaysian Ringgit (MYR) 0.0855 Par Value($$) (if applicable) Latest issued share capital after the above corporate proposal in the following Units 363,004,925 Issued Share Capital ($$) Malaysian Ringgit (MYR) 47,557,987.500 Listing Date 28 May 2020
If I were to be given to buy via private placement a huge sum of stocks at ridiculously cheap price, you just have me the ammunition to influence this stock price safely to my advantage. For instance I can dump all the stock for a minimum of 0.09 and yet make profit. Am I right?
Can any sifu here explain why the warrants + exercise price are much lower than the stock price? In my experience it is always equal or higher. Unless I get proper explanation, I view the current rise in this stock with suspicion.
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....
TrendLai
407 posts
Posted by TrendLai > 2020-05-21 09:26 | Report Abuse
@ oldcina, for the conversation u r right,
just confirmed with the registrar.. Tq