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Believe it needs money to fulfill incoming contracts. This is natural for expanding businesses. Target price will come after the rights issue is completed, I suspect.. Patience and haut ah should come together in this counter. Cheers.
john_ric ( Date: 01-Apr-2012 23:08) Posted:
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what kind of broker recommendation!!!! beh zhun
Good new announce this morning:
MISCELLANEOUS :: PRESS RELEASE-OTTO MARINE SECURES 5 YEAR NORTH SEA SHIP CHARTERING CONTRACT WORTH US$36.5M
My broker recommanded buy with TP:$0.42 , crossing $0.3 soon.
Do vest and good luck