
will there be frantic short covering later ?
seanpent ( Date: 27-Feb-2013 08:19) Posted:
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wow !  thanks for info .....
think2profit ( Date: 26-Feb-2013 21:34) Posted:
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It did a share placement last yr abt same time too and price was chased up to around 2.6-2.8cts.
seanpent ( Date: 26-Feb-2013 17:00) Posted:
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strong hands at 16 consistently appearing ?  waiting for experts views .....
Anyone got any news to share?
technically, is this considered a breakout of resistance ?  ... or breakout with high volume ?
anyone accumulating ?
general
offer ?  how does that works ?  seems exciting ...
BellaVida ( Date: 25-Jun-2012 11:09) Posted:
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Anyone know why the trading is halt?
No idea.
Most penny stocks price dips and unable to move up even given   10 years. time.  Blue chips when dip (like 2008) , now most of them have picked up more thatn 30 % and some 50%! 
BellaVida ( Date: 25-Jun-2012 10:25) Posted:
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General Offer..
vl_2decades ( Date: 25-Jun-2012 10:55) Posted:
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Hi Bellavida,
What's a G.O?
BellaVida ( Date: 25-Jun-2012 10:25) Posted:
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Just wondering, with the rights issue, will it likely be because Chng Weng Wah (CEO) has got plans for the company and thus, wishes to use the rights issue to up its shareholding? as of FY2011, it's total deemed interest is 23.03%. with the rights issue, will it likely result in Mr Chng to up its holdings to over 30% but without having to trigger a G.O? This is especially so if not much people wants to subscribe for the rights issue and Mr Chng gets the excess rights? Not too sure..so just thinking of  what this rights issue might be purposed for...
Any views?
How is it a discount when you use 2mllions shares @ 0.018 to buy 1 million shares which is at the price of 0.012?
Right issue mean you can buy the share at discount price.  If you have 2m shares, you can buy up to 1m share at $0.012 within the periods of time given. Just like IPO but only shareholders can apply.
Conversion is only  apply for warrants not right. 
Issue price of S$0.012 for each Rights Share, on the basis of 1 Rights Share for every 2 existing Shares held by Entitled Shareholders.
I am new to stocks, what does that means? Does it means that if I have two millions shares, I can convert it to one millions share @ price  of 0.012 with rights?
Equation is now trading cum-rights but the share price is not moving at all.  I think no one is interested.
saw this news at http://www.shareinvestor.com/news/news.html?source=si_express& nid=49016
Equation: Proposed 1 For 2 Renounceable, Non-Underwritten Rights Issue At S$0.012 Each.
17 May 2012 11:06
Equation Corp Limited is proposing a renounceable, non-underwritten rights issue of up to 1,515,322,417 new ordinary shares in the capital of the Company at an issue price of S$0.012 for each Rights Share, on the basis of 1 Rights Share for every 2 existing Shares held by Entitled Shareholders as at a time and date to be determined by the Directors for the purposes of determining Entitled Shareholders' entitlements under the Proposed Rights Issue, fractional entitlements to be disregarded...
climbing upwards?
My frined bought this long  time ago   at 0.2 cents , i think,
Its not been performing for these few years and he made big loss by selling at much lower price .
 
PENNY STOCK IS PENNY STOCK, AND ITS ONLY FOR SPECULATION.
bigman88 ( Date: 24-Apr-2012 15:33) Posted:
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So it is good?
louis001 ( Date: 25-Apr-2012 08:56) Posted:
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