Common sense says it should dampen the price...but if you like at every goreng stock, before the big run there's always a large placement at a much lower price
So to answer your question...stock issuance at this juncture is good, especially to an intermediary like macquarie
Macquarie is not stupid. If they are prepared to invest so much in this company I am sure there is something brewing. Just wait & see. I am holding tight.
Price low now for fixing the private placement price. Need 5 days average to determine the price. So u do t expect it to rise when macquire bank not yet get their share. The show should b after 20% placement done. Then news out. It will rise.
How to dispose this 20% share. If the price is not 1000% up.
Dont forget the $ they intend to spend on sugar bun. It's a lot of $ relative to its size. If only it gets the kind of valuation retail/ consumer sector gets...
very blatant for operators to push down the price, yet greediness will drive them to do so... but I think 0.03 will be the entry price.... as mac quarie get 10% discount , when reach 0.03, mac quarie will get to subscribe at 0.027.... near to floor price 0.025...
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651158
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Posted by 651158 > 2020-12-17 22:39 | Report Abuse
tonight gold up1890 oz see tomorrow down again