Something wrong , why exercised ESOS at 19 cts make no sense can not buy from open market at a lower price 18 cts meh ... funny lah... dun understand the logic behind.
Eps value drop each time new shares are issued to private placement. Benefits self thru proxies and friendly parties selected to receive the pp shares.
Next week show down to approve issue of 182,410,000 shares for private placement, looking like a get rich quick scheme at expense of minority shareholders.
Total issued shares will increase to 851 million, a step closer to becoming another billion-share stock like eah, bornoil, pworth, netx, AT, xox, etc
Be prepared for more ESOS or private placement get rich quick scheme in near future.
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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....
Godofgambler
5,307 posts
Posted by Godofgambler > 2021-03-22 12:43 | Report Abuse
Buying momentum gathering