considering character/behaviour of the management board/director, bornoil likely will reach NOSH of 20 billion in another 5 years time.... and retailers will not get any benefit despite company making good profit....
it's not about business. it's seem like bornoil's plot. gild/cement/chilly sauce then bario rice.,always use new business venture to issue new pp.... exploit retailers to fatten cronies.....
PRIVATE PLACEMENT OF UP TO 20% OF THE TOTAL NUMBER OF ISSUED SHARES OF BORNOIL ("PRIVATE PLACEMENT")
On behalf of the Board, UOBKH wishes to announce that 225,000,000 Placement Shares issued pursuant to the Private Placement were listed and quoted on the Main Market of Bursa Securities with effect from 9.00 a.m. on Friday, 2 June 2023.
once issuance of pp have been determined, the shares of detailers definitely been diluted. company persistently keep the share low is just to benefit the pp cronies. the fund that company raise will be low, but directors will not bother about this....
once issuance of pp have been determined, the shares of detailers definitely been diluted. company persistently keep the share low is just to benefit the pp cronies. the fund that company raise will be low, but directors will not bother about this....
22 hours ago
The cronies are buying the PP at 0.013 and what are they for? Why want to hold so many shares? Will the share price move?
victoria capital ceased to be major share holder... if vc transaction (acq and dispose) from open market... means vc bought at 0.02 and sold at 0.015, 25% loss within one month....
now buy queue at 0.01 more than 4 6 million lots, if latest pp still not finish, cronies will likely sell bornoil to themselves at 0.01 , and pp cronies will be able to purchase remaing pp with the price of less than 0.01.....
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....
lehubeng
1,143 posts
Posted by lehubeng > 2023-04-27 18:57 | Report Abuse
victoria capital bought 5% share on 26th april. good news? insider trading with whom?