this share not enough time to move already .... oledi game over .... they want you to subscribe for the Rights .... at best can only sell at 0.005 .... (lowest denominator) .....
if no intention to subscribe for the RI ... it's countdown time to see the OR in our hands evaporate & disappear into thin air ..... 3:21 pm ... left 1.5 hours .
samcck kor-kor .... actually when i sold the mother share during the run up ... i was so happy .... then i went & bought some OR when it drop to 0.005 .... lol .... now got caught .... hehehe
he preetty much sums up UMWOG in one article... loll.. unless the mother share goes up tomorrow.. at least 0.33.. if not.. no one will even touch the right issue.. amd PNB is forced to buy all..
I have no idea.. .which is why im asking what will happen after tomorrow when OR cant be traded anymore. in fact i dont know why they push the price down to 0.3.. no one will freakin buy it.. if it was me, i dont see a future in the rights. i rather buy on the mother share instead at least i can hold long term.. the moment i buy OR i lose money already
For every 1 existing share, there will be another 2.8 new shares listed post the rights issue. If the price can hold at 0.30 sen when all the billions of new shares come into the market, that will be truly amazing.
PNB will take on the excess of the rights not taken by other shareholders in the form of rcps.This means not all 6 bil rights will be listed in the market.
it will never drop to 0.25, this is not a bungkus company ffs, got crazy volume spike yesterday just before market close and you think the operator still going to drop more price?
Let's don subscribe the right share as can get 29.5sen in open market. In additional, it also force PNB to underwrite all unsubscribe portion through RCPI which is unlisted to reduce share overhang later.
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....
araj87
23 posts
Posted by araj87 > 2017-10-01 22:22 | Report Abuse
3 or 4 rigs should be warm stacking again soon. contracts all finishing