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For illustrative purposes only, based on an illustrative issue price of RM0.25 per Placement
Share, the issue price of the Placement Shares would represent a discount of approximately
6.30% to the 5-day VWAP of Revenue Shares up to and including the LPD of RM0.2668
Yes. For example If push stock average to rm1 for one week, the private placement price will at not lower than rm0.90. (not more than 10% discount of average 5days share price). But investor who buy it must want to buy at low price of course.
Like tat company only have more cash for operation.
If like cypark pp up from 0.335 until 1.20 then good. Haha.
But what important now is company need show business keep growing and manage well. Still no confidence on those management untill they prove it in future.
