I think if the price keep uptrending, Mcquire has to choose to subscribe the PP shares at a bigger amount per placement and its will shorten the PP exercise period.
So far macquire bank already completed 18% of the 1.2 billion share pp. Macquire also invested about rm 7.6 million. 3% of the total share. 19 mac 2021.
Today got a few opportunities to top up some at 0.04 (but for a short while only). Expect company to come in soon to do more share buy back to support the share prices.
@justin1njp justin1njp So far macquire bank already completed 18% of the 1.2 billion share pp. Macquire also invested about rm 7.6 million. 3% of the total share. 19 mac 2021. 19/03/2021 12:20 PM
How do you know that the macacquarie has completed 18% pp? I can't find this in the announcement. Thanks
@Jeffreyteck. The price will be well supported @3.5 sen. The hand within the company will intervene to exercise the share buy back in supporting the price for the Mcquire PP exercises.
I bought this counter it's was we 90plus and now only 0.04..still hold since then and now my son already 10years old.. it's not even can break 0.10...omg!!! Hopefully, this time lah since so many positive comments here
Bornoil is not oil. Oil collapsed has no impact on Bornoil but instead should be on O&G. Correct name for Bornoil should be BorneoGold or Borneo Consolidated !
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....
Valgrovest
1,237 posts
Posted by Valgrovest > 2021-03-18 17:02 | Report Abuse
Wait and see ....