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recent high 23 ..... now at support ..... let's hope it will wake up anytime soon .....
Not sure.. But if directors have faith in this once-a-$1plus-shares company, buying its debts, saving $$$ in interest payable to creditors, why won't the company be better?? Market conditions getting better although fragile, steel prices supposing will get higher.. And hopefully they'll want to go into Myanmar too like the others?? Hope la.. Not insider k..
Judging from the buy and sell volume quit huge. Any suggestions or views on this penny. Is it going to be the penny rally.
maybe they have faith in the coy, maybe its sentiments. i dont know.
anyway i see it a good new. i am vested myself at 0.21
recently best buy founder trying to privatize best buy and of coz, mike dell of dell comp.
edwinjup ( Date: 12-Apr-2013 13:59) Posted:
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Why they wan to buy..good news.coming? ?
directors will become substantial shareholders in exchg for clearing coy's debts.
as far as i am concerned, creditors can bankrupt coy, but shareholders wont.
ysh2006 ( Date: 12-Apr-2013 13:17) Posted:
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Why good news? Directors buy debts from creditors ....
| minsiang ( Date: 12-Apr-2013 13:08) Posted: |
Clearing all debts by CEO and co means that company saves interest payable to banks etc! This is in fact good news for the company!!
| minsiang ( Date: 12-Apr-2013 13:08) Posted: |
Halted after abnormal huge volumes for past few days... Any good news coming out???