Price fell today due to poor results Also because Fintec disposed 490 million shares. For some is a buying opportunity . Wonder who sapu all the 490 million shares ? Could it be Eddie Ong?
I should think Fintech took an early position in early October to front for someone to secure the voting rights. If you look through the transactions mostly @ 20 sen yesterday, they were all done in the afternoon, after the EGM. So guys, I feel there's nothing to be alarmed of. The RTO is on track. Just be a bit more patient. New owners will emerge soon.
I would think the buy & sell volume is put there to control the share price for the PP price fixing. So just be patient for PP to be completed before the share price can be played up. They've put in 2 tranches within a week, so I reckon it won't take them too long to see this to completion.
We refer to the Company’s announcements dated 25 January 2019 and disclosures made in the Interim Results under the heading of Material Litigation.
The Company wishes to announce that the Federal Court has granted BS’ request for an adjournment of the hearing of the above appeal which was initially fixed for 25 November 2020.
A new case management date has been fixed for 14 December 2020 by way of e-review for parties to obtain further directions from the Federal Court.
The Company will make the necessary announcements on material development in respect of this matter from time to time.
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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....
BenPg
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Posted by BenPg > 2020-11-17 21:25 | Report Abuse
Price fell today due to poor results Also because Fintec disposed 490 million shares. For some is a buying opportunity . Wonder who sapu all the 490 million shares ? Could it be Eddie Ong?