Last Friday trading ended at 0.255 suggested the reversal pattern may occur. POC - 0.235. Breakout 0.28 will up. Otherwise heading to south for consolidation. This counter is a bit volatile. Correction may take 40% off from the top. The coming Monday trading will provide the clue on how the stock will be heading to .....
Announced EX Date Subject Ratio Offer 06 Oct 2023 20 Oct 2023 Share Consolidation 1.0000 : 10.0000 View 09 Apr 2021 22 Apr 2021 Rights Issue (warrant) 1.0000 : 1.0000 0.0500 View 24 Apr 2015 08 May 2015 Rights Issue (warrant) 1 : 4 0.1000 View 22 Jan 2008 05 Feb 2008 Rights Issue 1 : 1 0.1000 View 25 Oct 2004 10 Nov 2004 Others 10 : 1 View
Multi year loss making company from 2012 to present
================== Company undergo share consolidation due to directors frequent fund raising via shares issuance to PP, ESOS, RI, etc causing massive increase of NOSH and massive dilution of shareholder equity % and EPS
================= Current NOSH = 305,911,906 (very lean after share consolidation of 10 to 1) WA = 61,176,636
Expect directors to do more fund raising via share issuance to PP, ESOS, RI, etc
================== Continue to monitor quarterly results directors plan for utilisation of company funds directors plan for more fund raising via shares issuance to PP, ESOS, RI , asset acquisition, etc
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....
scjm
2,588 posts
Posted by scjm > 2024-03-22 09:19 | Report Abuse
overall it is still very OK