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Big shareholder hold 49% of share, current company treasury share remain 1.1mil. the project they nego to purchase is rm14mil, currently they collected 8mil by selling company treasury share
resale of treasury share mean company sell the sale that they hold. number of share still remain 40mil. yesterday when around rm4.8 almost limit up. so the higher price it can reach only rm4.8, but this morning share price hit rm4.9 no yet limit up. u go see genetech keep do esos and private placement, initial genetech number of share around 40mil, then it become 50mil. so in oder to go higher must have enough share and buying momentum is there. u all go see how price change, when transaction stop awhile, then suddenly got ppl buying to push higher. go think this mean what