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Should be able to hit over 10 cents today
Still can chase?
Heerbrugg ( Date: 11-May-2023 09:01) Posted:
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The rights are trading at a big discount now. Subscription price $0.05. Current price $0.012
can easily go 10 cents and above
Can only say better not short as the float is extremely small after 100 to 1 consolidation.
Moreover even you have bought at the lowest price of $0.001 before consolidation, your cost after consolidation is $0.10.
So many who sold today are obviously short sellers as the those holding the shares at the lowest price before consolidation are stucked at the $0.10
Why would they sell at $0.035 to $0.06?
Hope more will join in to short to bring it back to $0.10
Moreover even you have bought at the lowest price of $0.001 before consolidation, your cost after consolidation is $0.10.
So many who sold today are obviously short sellers as the those holding the shares at the lowest price before consolidation are stucked at the $0.10
Why would they sell at $0.035 to $0.06?
Hope more will join in to short to bring it back to $0.10
mattohoh ( Date: 10-May-2023 20:43) Posted:
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Meaning? Is it good?
SmallSmall ( Date: 10-May-2023 16:07) Posted:
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alot of ppl still hold this in the freezer before it consolidates. Now see they want to let go or not
SmallSmall ( Date: 10-May-2023 16:07) Posted:
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Same trick like LS2, closing push up high.
Low floating volume.
Low floating volume.
Probably lots of short sellers. 100 to 1 consolidation. With 8.251 mil shares traded that translates to a whopping
volume of 825,000,000 .
Where got so many shares in 1 day
volume of 825,000,000 .
Where got so many shares in 1 day
Goldblade ( Date: 10-May-2023 15:43) Posted:
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Any news? why volume so high?
$0.06 coming :)
SmallSmall ( Date: 10-May-2023 10:42) Posted:
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Short sellers up the hook liao....
SmallSmall ( Date: 10-May-2023 10:27) Posted:
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Short sellers beware. This one 100 to 1 consolidated. Very little shares in the market
SmallSmall ( Date: 10-May-2023 10:12) Posted:
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Right issue @ $0.05.
Theoretical ex price after consoldiation is $0.10
Now @ $0.04 +$0.006
How messy
Theoretical ex price after consoldiation is $0.10
Now @ $0.04 +$0.006
How messy
Stupid management, price is going towards 0.001 who will subscribe to 0.05, wasted money and time on this 
spursfan ( Date: 11-Apr-2023 13:54) Posted:
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Error trade?
Buying-in today 543,700.
For those interested
For those interested
co. is issuing right issue
PROPOSED RENOUNCEABLE NON-UNDERWRITTEN RIGHTS ISSUE OF UP TO 79,390,353 NEW ORDINARY SHARES IN THE CAPITAL OF THE COMPANY AT AN ISSUE PRICE OF S$0.05 FOR EACH RIGHTS SHARE, ON THE BASIS OF ONE (1) RIGHTS SHARE FOR EVERY TWO (2) CONSOLIDATED SHARES
PROPOSED RENOUNCEABLE NON-UNDERWRITTEN RIGHTS ISSUE OF UP TO 79,390,353 NEW ORDINARY SHARES IN THE CAPITAL OF THE COMPANY AT AN ISSUE PRICE OF S$0.05 FOR EACH RIGHTS SHARE, ON THE BASIS OF ONE (1) RIGHTS SHARE FOR EVERY TWO (2) CONSOLIDATED SHARES
Expect some error sales trade as the lowest possible purchase price pre-consolidation is $0.001 which translates to $0.10 post consolidation.
So any big selling below $0.10 is either error sales or cutting big losses.
So any big selling below $0.10 is either error sales or cutting big losses.
100 to 1 consolidation completed last Friday.
Last traded price before consolidation $0.001.
Post consolidation in theory should be $0.10
I believe some sold wrongly yesterday when it went as low as $0.01
Let' s see if got durians to pick.
Last traded price before consolidation $0.001.
Post consolidation in theory should be $0.10
I believe some sold wrongly yesterday when it went as low as $0.01
Let' s see if got durians to pick.