the directors are exchanging shares among themselves to create false volume... there is no genuine transaction here.. so don't get trapped. you can buy at 11.5 but have to sell at 11.5 or lower later...! good luck
#1: 3 warrants for every 10 shares. Ex date is 11 July. #2: 1.5cents first interim dividend. Ex date is 11 July. #3: Split 1share into 2shares. Ex date is 11 July.
How was the split price calculated? On ex date 11/7 shouldn't the split price be previous close 8/7 @ 1.58/2 = 0.79? Instead the market opened at 0.73?
After split and consolidate for few day, I think price near bottom. Time to pick up? This stock is quite save for those not looking for high return. Lost risk is quite low.
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....
keyin
2,150 posts
Posted by keyin > 2015-04-02 22:28 | Report Abuse
Why give you 1.36...give you 1.4 tomorrow . Hehe