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KWAP acquired 99,682,794 ,and disposed -18,500,00 on the same day 21st December. The only cornerstone investors who promise to buy this IPO.
The second large party to support the shares price is AmInvest, the stablizing agents himself, and they left only less than 4 million shares to stable price only, obviously even they use all to support the price, it can't go back to RM 1.03. Failed stabilizing agents.
The question for this week,:
1.Other cornerstone investor ready to window dressing activity buy this counter shares as they promised?
2.Company sharesholder like KWAP will continued to trim this counter and cash out to buy other high potential company?
If KWAP participate in SWIFT, its going to be a long term. They do all sort of trading. Day, swing, long term and etc. This is a good news. Thank you, MJC.