the counter for accumulating.the story start around November 2019, a Taiwanese bought 162.33 million share (27.52%) at RM0.3866. a private placement of 10% equal to 58.987 at RM0.2388 on August 2020 allocated to the same party. one year later around September 2021 right issue announced 1 for 1 with free warrant, RM0.22 per share done. capital injection due to company cashflow problem. 1 year later on the November 2022 the party taken action again to convert all the warrant to ordinary share, 578 million warrant at RM0.22 being converted. it took 4 year to turn the company around, now the share price below RM0.18 is a chance to accumulate. if base on chart, break up timing will take more than 6 month. any good news or quarter result will adjust the timing. I share the story, and you may analyse it true or false. tq.
