0.115 should be the lowest, tomorrow is the time to rebound, if can stand above 0.120 for the next few days, next week will see the reverse........ my 2 cents and good luck.
FINTEC GLOBAL BERHAD (“FINTEC” OR THE “COMPANY”) (I) PROPOSED DIVERSIFICATION; (II) PROPOSED RIGHTS ISSUE WITH WARRANTS; (III) PROPOSED TERMINATION OF EXISTING SIS; AND (IV) PROPOSED ESOS (For consistency purposes, the abbreviations and definitions used throughout this announcement shall have the same meanings as those previously defined in the Company’s announcement dated 4 September 2020 in relation to the Proposals.) We refer to the earlier announcement in relation to the Proposals dated 4 September 2020 (“Announcement”).
Don't understand these guys that runs Fintec. They could easily raise the funds required by selling 10% - 20% of the holdings in Focus. The sales proceeds will be more than the RI can raise. Don't need to be a rocket scientist to solve this. Since the price of Focus is grossly over valued currently, its time to take some profits off the table and these guys don't seem to know that? Common.....
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....
Fintec
328 posts
Posted by Fintec > 2020-09-08 14:31 | Report Abuse
Confirm lying. Most want Fintec to sell Focus why never do?
pineapple123 They do read i3!!!
08/09/2020 11:50 AM