Sell down is due to big volume contra due.. those stuck above 160 all dead.. 😢
Added more 148.. bottom liao.. may rebound anytime ✌ ️
kye_lin ( Date: 25-Feb-2026 13:23) Posted:
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Might hit placement price today....
Hello R U ok? 🖐 ️
Johnsnow ( Date: 25-Feb-2026 11:49) Posted:
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Below placement? Go to 130 all run road 😅
So many shorting at 37, scary
 
Marco Polo Marine to raise $21 million by placing out new shares at 14.5 cents each
Marco Polo Marine plans to raise $21 million by issuing new shares at 14.5 cents each to fund fleet expansion and renewal.
Bought 149. Don't think shortists will want to short at this price..Waiting for shorts coverings in the afternoon.. new year huat ah.. ✌ ️ ✌ ️
Stocky901 ( Date: 25-Feb-2026 10:40) Posted:
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Yep. I sold at 0.157. Waiting for sub 0.150 entry
Sell and exit first.. can buy back below 150 🧐 🧐
😢 😢 must say shortists win today..
goldenpiggy ( Date: 25-Feb-2026 09:31) Posted:
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Supposed so , so far in Sgx , if got placement shares and have ten over percentage market don't like it....
goldenpiggy ( Date: 25-Feb-2026 07:44) Posted:
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Not happening... time to start considering short liao.
Stocky901 ( Date: 25-Feb-2026 08:09) Posted:
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Usually share placement will result in price surging. Initially.. 🧐
As mentioned earler - any price abv 0.145 is too much for this stock right now. 
goldenpiggy ( Date: 25-Feb-2026 07:44) Posted:
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Get ready to short once open. Will be one heck of a ride....down. dyodd.
Goodwill77 ( Date: 25-Feb-2026 07:27) Posted:
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13% discount to last trade price 
 
 
Siao Liao..... 😬
JurongW ( Date: 24-Feb-2026 22:28) Posted:
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PROPOSED PLACEMENT OF UP TO 144,865,920 NEW ORDINARY SHARES 
Rationale
The Company has decided to undertake the Proposed Placement: (a) for business expansion (including but not limited to the Group&rsquo s fleet expansion and fleet renewal) and (b) to broaden the Company&rsquo s shareholder base, which may in turn improve the trading liquidity of its shares.
In view of the foregoing, the Directors are of the opinion that the Proposed Placement is beneficial for the Group.
Use of Proceeds
The estimated gross proceeds to be raised, assuming that all the Placement Shares are issued, would be approximately S$21,005,558. The estimated net proceeds from the Proposed Placement, after deducting estimated fees and expenses (including listing and application fees, the commission payable to the Placement Agent, professional fees and other miscellaneous expenses of approximately S$523,000), is approximately S$20,482,558 (the &ldquo Net Proceeds&rdquo ).
The Company intends to use 100% of the Net Proceeds from the Proposed Placement to fund capital expenditures for business expansion, including but not limited to fleet expansion and fleet renewal. 
Rationale
The Company has decided to undertake the Proposed Placement: (a) for business expansion (including but not limited to the Group&rsquo s fleet expansion and fleet renewal) and (b) to broaden the Company&rsquo s shareholder base, which may in turn improve the trading liquidity of its shares.
In view of the foregoing, the Directors are of the opinion that the Proposed Placement is beneficial for the Group.
Use of Proceeds
The estimated gross proceeds to be raised, assuming that all the Placement Shares are issued, would be approximately S$21,005,558. The estimated net proceeds from the Proposed Placement, after deducting estimated fees and expenses (including listing and application fees, the commission payable to the Placement Agent, professional fees and other miscellaneous expenses of approximately S$523,000), is approximately S$20,482,558 (the &ldquo Net Proceeds&rdquo ).
The Company intends to use 100% of the Net Proceeds from the Proposed Placement to fund capital expenditures for business expansion, including but not limited to fleet expansion and fleet renewal. 
Share placement 0.145 to Maybank? No wonder Maybank raise target price to 0.20