Because I bought, hence it's dipping. Joke aside, the private placement price for the Japanese investor is RM2.3+ which is way higher than the current price. I don't think the new investor wants to purchase pp at a premium... LOL

Interestingly, pmbtech doesn't offer any discount to the pp taker, and the issued price is quite high compared to the market value now. When the price dropped to 1.98, it's an immediate 16% paper loss for the pp taker, which is quite unreasonable in my opinion.