
That's coz the sentiments now is to buy on news sell on rumours.
The UK fund say say but never do anything, of course investors remain cautious.
The price will only move when the funds actually take action and start buying.
At the current trading volume, it appears that the verbal pledge remains empty.
in fact, the price is hoovering between 0.005 and 0.01, after the rights. no reason why can't ciong by having all good stuff. i think is consolidating and will be ciong soon in short while, can someone comment/enlighten??
Recently, the UK fund is looking at this counter and willing to pump in 30 million to become working capital for Chasen.
Towkay Low must be on cloud 9 to have this money to spend. However, the price remains at S$0.005. I am not sure why this counter despite having many good news, the price seems to be at rock bottom. Anyone can advise????
So, Wa Ka Li Kong, Towkay Low needs to use his extra pocket money from UK (still have right issue $$ haven't spent) to buy back in order to push up the price. Any comments????
