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But since the warrant is at 0.009 and 0.010 level (conversion is +0.005), those who buy at 0.010 when converted will be 0.015 so they must see value above 0.015... My opinion is it should reach 52week high of 0.016. After which one may see higher of high above 0.016?
Vested...
Vested...
I personally think that today's sudden surge is a TRAP !!!! After the surge, there wasn't any major buys ..... but sells. Like that the share adn warrant seems to be already under the control of the operator. If he chooses to stay out (like what happened in the last surge), all the retailers will be dead. Watch the next 2 days' volume....if it dries up, run for the exit at once.
I Wonder what's with the surge in volume today? Insider news on Myammar play?
It's clear 0.14cts
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As often. Looking for trading partners...?.
| MDR | CPF | Op - 0.013 | Cls - 0.012 | -0.001c | -7.7% | volume changed hands - 157,378,000 |
Trade Summary: More like taking profit after recent runup
| Last | Trades | Volume | Bid Volume | Mid | Ask Volume |
| 0.012 | 8 | 2,376,000 | 2,376,000 | 0 | 0 |
| 0.013 | 288 | 149,812,000 | 108,725,000 | 0 | 41,087,000 |
| 0.014 | 19 | 5,190,000 | 0 | 0 | 5,190,000 |
| TOTAL | 315 | 157,378,000 | 111,101,000 | 0 | 46,277,000 |
Listing ( Date: 07-Dec-2012 12:26) Posted:
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Then let it go to 52 week high of .016!
Listing ( Date: 11-Dec-2012 18:59) Posted:
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Can see it as a chance to buy more at support of 0.011.. What do you think?
yah.. does that means those that bought 0.014 or 0.013 is stuck ? cos maybe the share price will drop until 0.011 or 0.010....
NICHOLASCHUA ( Date: 11-Dec-2012 13:19) Posted:
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Still did not break resistance of 0.014. Have been hovering between 0.013 and 0.014. What's next now that it's stopped at 0.013 and people are selling off?
Lets see how it open tomorrow. Must break 0.014!
Listing ( Date: 10-Dec-2012 22:07) Posted:
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Didn't break 0.013-0.014 hv to watch for 0.011 support...
If it can break 0.014 then it should move to the 52week Hugh if 0.016...
penny stocks usually are slow what makes you think that it can fly so high with short time ? it's has issues a lot of shares ,,...
Listing ( Date: 08-Dec-2012 00:57) Posted:
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oh my this sound like a gem !!!
Listing ( Date: 10-Dec-2012 11:20) Posted:
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Already hit 1/2 billion done. Wow!
1 billion today?
1 billion today?
Friday was highest volume... Seems like accumulation confirmed - will pop upwards? Philip Eng did well to steer this company to new heights!
Yes besides dividends maybe placement to a strategic investor?
Yes, you are right same like last year before they annouce dividend. But I hope something else. :)
Listing ( Date: 08-Dec-2012 10:43) Posted:
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My apologies I did not see the third previous announcement on warrant conversion. I didn't expect people to convert warrants unless there is eg a dividend announcement.