Smell fishy.. who knows the company better than us if not other than company directors? With such massive sell down, the company directors not even come out and do damage control.. but make the condition worse by selling down too..
980,000 units loan stock conversion at 1.00. Directors already knew this and tried to drive the stock down. With so much uncertainty and confusion, high possibility of continue selling pressure tomorrow for quick profit.
EGM will be held on 16 Aug and from the Circular it seems that Ex Date will be ard End Aug/ Early Sep and the whole rights issues is expected to be completed ard Early Oct
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....
air01557
2,511 posts
Posted by air01557 > 2017-07-11 16:10 | Report Abuse
see i am already making money