Folks...today correction ya...healthy I supposed.. OCK called a AGM and EGM meeting on the 28th May 10am and 11am respectively. AGM talks about the company annual ,p&l & what has been achieved last year etc, for listed company it will be conducted on a yearly basis for all shareholders. EGM is extra ordinary meeting will be talking about the changes going forward as in the few proposals in the announcement earlier. 1) Transfer to Main Board 2) Bonus Issue 1 for every 2 lots 3) Private Placements to LTAT & ESOS. (Form of proxy) EGM can be called anytime by a company for things that need to be addressed immediately for this case is same day after AGM. Shareholders will need to vote agree or disagree to the proposals...only after that they will summarised and announced if approved or otherwise.
A company will have to announce a cut off date for Bonus Issue to the public, but by that time the share price will be escalated by then.
Hoped this explained a little of what I know...Cheers always!
Relax......thanks for the updates. To all OCK shareholders, hold on to your shares and accumulate more for long term. The more we buy, the more we are in control. We need to work as a teamwork. Target price - $2.00
1) Normally during the day of AGM and EGM, the share will go up 2) Bonus Ex date - go up even higher 3) Transfer to main board - more good news will announce. - up again.
You have 3 good reasons to buy more. Hold and Don't sell or you will regret later.
Expert says we never buy at lowest nor do we sell at highest,unless it's your lucky day... Today looks like cut off day from last few days hike...Good time to buy for those who have not go in...those who bought just keep for long term..or whenever yr target reach..Have fun...cheers..
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....
Dakewlest
1,758 posts
Posted by Dakewlest > 2014-05-16 11:28 | Report Abuse
Dah reda?