Asian Micro    Last:0.002   -

Placement Of 40 Million Ordinary Shares

going up actually but overall, still bad performance

 

Game over???

 

yep, i agree. past 2 days its been slowing moving upwards. 

200k shorts today, movement is definitely there

 

Tomorrow is T+5 after the placement news, it drop from 0.066 to 0.045, and today close at 0.048, look like tomorrow will be move in between 0.048 to 0.052 and from chart can see it will be moving upward so far... lol

Acl2013      ( Date: 20-Sep-2013 08:04) Posted: Asian Micro Holdings Limited has on 18 September 2013 entered into a subscription agreement with Yareco (Private) Limited, pursuant to which the Company shall allot and issue 40,000,000 new ordinary shares in the capital of the Company to the Placee, at an issue price of S$0.034 per Placement Share, for the purposes of funding the transactional costs and expenses in relation to and in connection with the Oxley Global Limited Shares Exchange...

 

Asian Micro Holdings Limited has on 18 September 2013 entered into a subscription agreement with Yareco (Private) Limited, pursuant to which the Company shall allot and issue 40,000,000 new ordinary shares in the capital of the Company to the Placee, at an issue price of S$0.034 per Placement Share, for the purposes of funding the transactional costs and expenses in relation to and in connection with the Oxley Global Limited Shares Exchange...