too many shares issued 5.34billion that mean past 10 years bornoil business no good and print too much shares for raise capital/money for doing business ...shares issued too much flood flood flood make bornoil problem now bornoil illness sleeping cannot move... bornoil shares cannot perform.if bornoil want shares prices perform well better company need shares consolidation like MMAG.
Let me reiterate, if the company do not bother about their ikan bilis, you can guarantee the share price will continue to scale a new low. 0.03? 0.025? We will see
NOW....50.7M shares in 6 sen Selling Q now. What catalysts?? YOU talking,, with unlimited seliing at 6 sen or lower. You buy you worst than HaraKiri. Harakiri died with dignity ,,, you buy BO you are labelled zohai by the syndicates....Buy???
Massive dumping by one substantial shareholder, i foresee it will carry on. All red flags is clear enough. Seriously what else you guys want to say to convince yourself to hold?
With better luck u can sell at 5.5 sen or 6 sen. Those bought at 9 Sen .price of EsOs , you lose abt 33.3% or more?? Sell n invest in other more hopeful counters and hold tigh and pray daily with Bruce up ..up Bornoil. Even the presence of Bruce is lesser nowsasays. CHEERS
Does any one has the latest update of the Bio Char Plant & Gold Production....Result for Qtr July should be out next month...We see than if there's any improvement....
If the Gold production segment in BO is favourable, Why Victory Capital wanna disposed a big chuck of BO shares in this Bear market??Dont put too much hope on BO n LCK despite so much talk on positive catalysts on BO. Hope no call for funds via RI.
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....
firewall9301
419 posts
Posted by firewall9301 > 2018-08-23 09:53 | Report Abuse
Now....9.55M in 6 sen Selling Q. Setting up a buy Trap at 6sen. Buy and u maybe labelled Sohai!!