i think is distribution from big holder. If you notice just now, mother distribution phase happen at 0.64, while son at 0.31 mother's distribution done only after 300k lot. Guess the son will be move on after at least 300k lot or more (if the buyer is still powerful enough to move the price) >< So if the resistant break and still alot buyer, this share should be able to fly~ Just 2 cents
if big holder distribute, mean the news is fake or contract already terminate ? or the big holder just syndicate the ticket for goreng group at 0.31, so the group buy at 0.31 cheaper price, then they just can goreng as fun as possible
hahaha, how many greedy folks kena trick by sharks here. keep till 2020. don't average down. If you all sell, they will jack up after collecting back all. If you average down, they go lower. either cut loss or keep in cold storage till 2020. wakakaka
when you all convert, boss(Company) get extra money. before your listing, they will push down some more. my advise, keep in cold storage, and use your money for other stocks like AAX. wakakakaka
Pesona-WC Listing date: 4-2-2015. Issue Size: 255,101,224 unit.
As at 31 December 2015, 143,792,711 units (56%) of Pesona-WC already converted to ordinary shares.
Meaning to say, the supply of Pesona-WC is limited !!
IF the mother share price move up, warrant will move up very fast due to limitted supply!!
By the way, company already received RM35 mil working capital without paying any interest !!
********************** FYI..from Q4 Report for FY 2015: "As at 31 December 2015, 143,792,711 new ordinary shares of RM0.25 each were issued pursuant to the conversion of warrants. The proceeds amounting to RM35,948,177.75 will be utilized as working capital of the Group."
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....
allen008
153 posts
Posted by allen008 > 2015-07-24 17:32 | Report Abuse
sleeping .....la...