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Just cut loss. bleeding teruk. everyday private placement but no statement from company what the plan with fund raising. how the stock want to rebounce? better run la
What does it mean by “ISSUANCE AND ALLOTMENT OF UP TO 98,600,000 NEW ORDINARY SHARES IN THE COMPANY TO MACQUARIE BANK LIMITED ("SHARE ISSUANCE")”? Meaning the private placement is for this purpose? Good or bad? :x
ocr r selling the share in private placement (not open public)below market value to Macquarie bank to raise fund. that's y the share price keep falling.
the reason do so is to accumulate fund for ECRL project . once fund enough the share price will up with announcement of.projects.
same goes to me... every day the price keep dropping. cant hold it anymore. sold at 32th floor.. now, time to look back. time to take my money back. wait until suitable time to enter.