Ppmaster why you keep mention will back to 0.03-0.04? I really wanna know what happen .. could you explain to me... hope can give me some idea to brainstorm
From the son price movement, i can know many retail invester didnt cut lose keep buying to average down their price, so the price keep droping till no limit.
I understand your point... but for my point of view... investors or owner sure wanna clear hand with pretty profit.. this is first scenario For second scenarios, if they wanna sold all their hand share.. mean mother share must drop below 0.160 ( this is conversion exercise price) mean a lot investor will press down the price and lose a lot money... I believe they won’t do that, unless god superb bad news to support as well...
Check back previously price move... after subdivision and share bonuses issue that time price change to 0.150 and they big onwer collect a lot from 0.150-0.280 only they push till today high about 0.400 above... this is why I mention they won’t simply pull back
I believe one thing is a lot contractor no have enough capital to do conversion... cause after conversion money is huge mean need to use ((current price 0.160)*number of lot)
Ppmaster if son price remain at 0.070 below and mother price maintain 0.400 above... sure good and pretty nice for conversion ler... but this conversaion is taking 8days... abit long and abit risk
Macpie WB buy rate just 28% becareful for those contractor.. if you plan to do conversion this is superb pretty price...if no plan to do conversion... better don’t touch... I believe price won’t climb up above 0.080 within two week time
Maybe trader will press the son price to the lowest than do convert to mother, than sell high at mother. This may be the show too. So mother price wont drop, but son drop like shit no limit
If the son price drop to 0.03 - 0.04, i think many of you will become crazy. All the price control by trader, they can press the price to any level they want even the lowest 0.005.
Play share is not worth or not worth, this counter son worth 0.30 but price press to 0.065, dataprp not worth RM 4, but price fly to RM 4, many people play son lose money but they still dunno why they lose money. Funny.
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....
Ppmaster
4,431 posts
Posted by Ppmaster > 2021-03-24 11:44 | Report Abuse
Continue kill son investor.