Basically the minute they have enough buyer at 0.06 they will throw down . U can see most volumes done at 0.06 , then close at 0.065 to give hope . Highly likely to retreat back to 0,05 . This will be a long wait .
franco88 Basically the minute they have enough buyer at 0.06 they will throw down . U can see most volumes done at 0.06 , then close at 0.065 to give hope . Highly likely to retreat back to 0,05 . This will be a long wait .
As expected after PP sure share prices goes down temporarily. Company Men give chances to their cronies to start accumulate at low prices. Maybe goes down to 4 cents for them to start accumulate. Bornoil has strong link to BN party members. Good counter for middle term investment.
franco88 Basically the minute they have enough buyer at 0.06 they will throw down . U can see most volumes done at 0.06 , then close at 0.065 to give hope . Highly likely to retreat back to 0,05 . This will be a long wait . 24/08/2020 11:20 PM
Luckily I disposed almost all my Bornoil shares and warrants. Left with a bit only and waiting to re-enter later at 4 - 5 sen and swim with the sharks......
Additional Listing Announcement /Subdivision of Shares
Additional Listing Announcement /Subdivision of Shares BORNEO OIL BERHAD
1. Details of Corporate Proposal Involve issuance of new type/class of securities ? No Types of corporate proposal ESOS Details of corporate proposal Exercise of Share Options No. of shares issued under this corporate proposal 124,500,000 Issue price per share ($$) Malaysian Ringgit (MYR) 0.0270 Par Value($$) (if applicable) Malaysian Ringgit (MYR) 0.000 Latest issued share capital after the above corporate proposal in the following Units 6,266,683,754 Issued Share Capital ($$) Malaysian Ringgit (MYR) 566,971,782.000 Listing Date 26 Aug 2020
Announcement Info Company Name BORNEO OIL BERHAD Stock Name BORNOIL Date Announced 25 Aug 2020 Category Additional Listing Announcement /Subdivision of Shares Reference Number ALA-25082020-00003
thought esos shall within 10% discount of the current market price? why the esos price only 0.027? more than 50% discount on the current market price!!!
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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....
Will188
861 posts
Posted by Will188 > 2020-08-24 21:35 | Report Abuse
Long Term most welcome to uncover this GOLD MINE. Short term trader... Careful. This may not the counter.