WTF, dropped everyday, from 1.15 all ways down to 0.89 without any co bb...habis lar this counter...Bursa green this counter red..what EGM n promises??
Confirm some asshole is pushing down the price .. as u can see . Every day , 4:50pm sharp this fella sell stock.. if I were the boss . No point SBB now . Just waiting for the lowest to start SBB . . .. btw , lowest this year was in April . Trade war started . 70sen .
We refer to the announcements dated 2 November 2018, 5 November 2018, 15 November 2018, 16 November 2018, 19 November 2018 and 12 December 2018 ("Announcements").
(Unless otherwise defined, the abbreviations used throughout this announcement are the same as those previously defined in the Announcements.)
On behalf of the Board, Affin Hwang IB wishes to announce that the Board has resolved to fix the exercise price of the Warrants to be issued pursuant to the Bonus Issue of Warrants at RM0.83 per Warrant ("Exercise Price"), after taking into consideration the following:
(i) the historical price movement of N2N Shares;
(ii) the 5-day VWAP of the N2N Shares immediately preceding the price-fixing date, with a discount of not more than 10%;
(iii) the prevailing market conditions; and
(iv) the future working capital requirements of N2N Group.
The Exercise Price represents a discount of RM0.05 or approximately 5.68% to the 5-day VWAP of the N2N Shares up to and including 14 December 2018 (being the last trading date immediately preceding the price-fixing date) of RM0.88 per Share ("5-Day VWAP").
Further, the Exercise Price represents a discount of RM0.04 or approximately 4.60% to the theoretical ex-bonus price of N2N Shares of RM0.87, calculated based on the 5-Day VWAP.
tomorrow onwards, you will see N2N above 95 and then above 1.00 and 1.10 and then 1.25 again..Japanese will then be silence as their entry price is maintained..then help to open up new markets and teritorres for N2n
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....
Speed123
763 posts
Posted by Speed123 > 2018-12-12 08:53 | Report Abuse
plz help me buuuuuu the boss. if possible throw banana skin as well.