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the thing about controlled stocks, is that the controller can set the price whichever way he/she desires.
Offered price at 1.7 got rejected signalling price too low but now current price lower than the offer price..
SG stocks really  no hope..
gd luck dyodd
 
any idea why there' s 2 IPCs listed on SGX?
one is IPCCORP the other is IPCCORP 1
retailers may shun this stock as it' s considered " expensive"
however, funds may take notice as it' s not in the penny status category ..
time will tell.. *vested*
gd luck dyodd
IPC really shooting its own foot. Now a very illiquid stock that traders don't even bother to see.
Should have done a 1 for 2 or a 1 for 4 share consolidation.
Should have done a 1 for 2 or a 1 for 4 share consolidation.
ozone2002 ( Date: 04-Jun-2015 13:08) Posted:
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in a way that' s true, but that' s management decision based on Shareholders votes
RoundRound ( Date: 04-Jun-2015 13:00) Posted:
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IPC should have did a 2 for 1 or 4 for 1 consolidation. At 10 for 1, it will end up becoming an illiquid stock as each share is now around $1.67
ozone2002 ( Date: 04-Jun-2015 12:04) Posted:
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consolidation 10 to 1 takes effect today