Even if profit, only on paper. Private placement price tells its value, cash strengths, and dividend hope. Anyway, since small bull is running unstoppable, gambling play opportunities.
Old news 1 June. PROPOSED PRIVATE PLACEMENT OF UP TO 282,144,000 NEW ORDINARY SHARES IN FINTEC, REPRESENTING 30% OF THE TOTAL NUMBER OF ISSUED SHARES OF FINTEC, TO INDEPENDENT THIRD-PARTY INVESTORS TO BE IDENTIFIED LATER AT AN ISSUE PRICE TO BE DETERMINED LATER. Potentially dilute NTA. Sin Chew said if priced. 0.045, waw, that is good only for private investors if 0.045 is the price as they will share the NTA of 0.40. Why not right issues for existing SHs? Anyway, good for speculating play.
fogjan01 ... U r correct. 0.07 resistance was tested couple of times failed. For a successful breakout, huge trading volume will be needed before 0.07 can be taken out. Watch the trading volume from Monday onwards. It can happen anytime.
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....
Hidup_PN
571 posts
Posted by Hidup_PN > 2020-06-04 14:52 | Report Abuse
Let you buy cheap why complain?
super_newbie AT up but fintec sleep
04/06/2020 12:32 PM