Actualy real scenario consolidation retail investor will be losses. Based on entry price. If price is higher. Some losses will be happen. So far company still not proposed consolidation yet. Worst scenario if it is happen.
TP 0.020_0.025. Need more $ for project and issue low price for pp, then use available cash to buy back shares, from who? Credibility in question, competencies as reflected in LT price curve. Trading play on news.
Yes. @silversurfer96. Absolutely correct as I also laugh saw many speculation without fact. Consolidation make entry price more expensive thus can immediate phase out small/medium speculation/manipulate. The queue no longer at >100mil as cost become more expensive.
Example now if buy 1, 000,000 shares cost is rm40-45k, assume 10 to 1 consolidation price will become rm0.45/0. 50 mean if u buy 1,000,000 u need to come out rm450k/500k. The only negative is higher entry price.
That y i always comment. Bornoil game / play is diffrent. We dunno where is the bottom.. u buy..they will press down the price. U can c the pattern movement from 8 cts.
Cojack31.. yup bro... no need to talk bullshit this company good la , QR positive la.. less debt la.. chart show everything... if no scam + good FA, impossible price keep dropping.. good company will come with good chart. good company bad chart= macau scammer
1. Bornoil completes their limstone plant and start making money out of it. 2. The last gold findings only on one of the zone - if other zones indicates reserve and the total gold reserved is more than 22,000 oz, then the valuation jump 3. They actually start the digging process - Counter becomes gold miner
on the gold price - if you had done research, you would know that it will sky rocket once US announce the second stimulus package where trillion of US dollar will be printed by Fed. Once value of USD drop, most of bond market will source for gold as their safe haven - so there is a potential of a new high.
for people like me...just need to hold until the above happens and if all 3 happens - people will hold like they are hold their mistresses coz it can easily reach 0.5 - only a matter of when
For me if good share with news.. support buyer will be strong. Price will not drop from 9 cts.. now 4 cts. Logicaly showing something is not good. Who r agree with my opinion.. ?? Hahahahahaha..internaly also showing insider also dont care abt the share value/ price..
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....
Cojack31
1,673 posts
Posted by Cojack31 > 2020-10-11 06:57 | Report Abuse
Actualy real scenario consolidation retail investor will be losses. Based on entry price. If price is higher. Some losses will be happen. So far company still not proposed consolidation yet. Worst scenario if it is happen.