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@ahmad u are right when oil price just drop few pts yesterday direct drop 10sen...but when oil price up 10pts price cant even back to yesterday closing....
I got a theory, they maybe suppressed the price due to ongoing talk with reputable O&G company in which attracted to be substantial shareholder back when hibi was at 1.3-1.5... Cause they maybe saw that hibi was kinda undervalued but if it is further rise beyond recent high, it might affect the talks, i got read they will issue a few shares for them in return of injecting asset to hibi...