Fintec such a reputable name should not be on current Fintec share price only 0.05 like going to pn17 counter . At least to be in 0.2 to reflect the good name of fintec industries . It is a waste for such a reputable name on such a poor performing counter .....
Fintec investing exceed the 5%, which mean they are bottom fishing all the shares. Very keng.They have waited for so long for this apportunity. Exhaust the buyers and sapu all the way!
Tq for the infor , but how we know what the price it’s bought maybe it buy high and stuck is it possible ? like vsolar price from above 10 cents to now new low
Fintec announced yesterday that it purchased 38.8 millions shares in Seacera fm the open market at RM18,586,422.32. Which worked out to be about RM0.48 per share. But if u refer back to the prices of Seacera during those days the shares were purchased, d prices ranged fm RM0.245 to RM0.325 only. So y and how did Fintec paid RM0.48 for each Seacera share then in the open market?
If Fintec doesn't explain for the price diifference in the purchase prices of Seacera shares fm the open market, would somebody plse report this to Bursa so that Bursa can take action for false reporting.
Poor regulatory regime, inefficient (eg long outstanding insider trading cases) and ineffective (eg request for explanation on unusual price movement instead of auto reporting by setting a threshold) and many others (eg locally listed Chineses firms various issues). Privatisation offer price significantly below nta......Don't hope much from them. Why work hard if no transparent kpis for authorities and management of listed companies? Good luck.
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