he just posted that date on his story, didn't mention about reneuco, but previous few days he posted about the AL....so am still not sure how is he related to reneuco, since everyone here said he is no longer d operator of reneuco
no la.....Reneuco's acquisition of ASSB will see MOF as a new substantial shareholder because MOF is an investor in ASSB. So the new shares issued to MOF will make them own around 8% i tihnk
7130 RENEUCO RENEUCO BERHAD TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)RENEUCO BERHAD ("RENEUCO" OR THE "COMPANY")ACQUISITIONYou are advised to read the entire contents of the announcement or attachment.To read the entire contents of the announcement or attachment, please accessthe Bursa website at http://www.bursamalaysia.com
the new 318m of shares listing tomorrow dy at 0.22....my guess is the price had been holding around this lvl for so long due to this acquisition, if they move up the share price b4 the acquisition is done, there may be certain quarters complaining..... so after this listing maybe it is really time to go....somemore the acquisition is completed b4 ECRL projects comes in i think maybe it was timed......... after this acquisition reneuco will get a steady recurring revenue of 5 million from the hydro plants
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....
Mar2083
877 posts
Posted by Mar2083 > 2023-12-12 12:05 | Report Abuse
Potentially may down to 20sen today