US hedge fund that dealt with Asiasons, Blumont, LionGold files for bankruptcy. How come nobody sues SGX for lack of governance and doing a poor job in protecting investors' interest?
$0.002 is still cheap compare to current Blumont $0.004.... what Blumont have? nothing?
Posted: October 24, 2016 9:21 pmPosted by: @hem2998
wonder who is absorbing ...i think retailers only make up 20%
Posted: October 24, 2016 6:35 pmPosted by: @dyingcat
VC dumped 193m shares last Fri. Assume it dumped another 100m today. Now only left 150m on hands. Wanna use ur retailer power to absorb them? Sadly it won't be the end. It still has billions of rcb to convert at 0.085c and then dump to u at 0.2c.
wonder who is absorbing ...
i think retailers only make up 20%
Posted: October 24, 2016 6:35 pmPosted by: @dyingcat
VC dumped 193m shares last Fri. Assume it dumped another 100m today. Now only left 150m on hands. Wanna use ur retailer power to absorb them? Sadly it won't be the end. It still has billions of rcb to convert at 0.085c and then dump to u at 0.2c.
They must converted by paying the average closing price of the last 3 trading days. Therefore if one of the days closing price was 0.003c then they must higher than 0.00085c hor. That's why if someone can threw a spanner in their plan to ensure the closing price is not 0.001c for the 3 straight days then VC plan will be screwed up. Lately is the case in point.
Posted: October 24, 2016 9:07 pmPosted by: @cycy818
Is based on avg 3 day market price la... if every day sell at 0.003... how can they buy at 0.00085?
Posted: October 24, 2016 6:35 pmPosted by: @dyingcat
VC dumped 193m shares last Fri. Assume it dumped another 100m today. Now only left 150m on hands. Wanna use ur retailer power to absorb them? Sadly it won't be the end. It still has billions of rcb to convert at 0.085c and then dump to u at 0.2c.
Is based on avg 3 day market price la... if every day sell at 0.003... how can they buy at 0.00085?
Posted: October 24, 2016 6:35 pmPosted by: @dyingcat
VC dumped 193m shares last Fri. Assume it dumped another 100m today. Now only left 150m on hands. Wanna use ur retailer power to absorb them? Sadly it won't be the end. It still has billions of rcb to convert at 0.085c and then dump to u at 0.2c.
Haha, last time got 1 "white knight" - tan soh eng. Kept on buying at 0.007-0.009. End up being burned badly.
Posted: October 24, 2016 6:57 pmPosted by: @sh0rthere
Nice. Which retailer is so heroic to keep absorbing their shares while they dump? Heroic indeed! White knight 🙂
Posted: October 24, 2016 6:35 pmPosted by: @dyingcat
VC dumped 193m shares last Fri. Assume it dumped another 100m today. Now only left 150m on hands. Wanna use ur retailer power to absorb them? Sadly it won't be the end. It still has billions of rcb to convert at 0.085c and then dump to u at 0.2c.
Nice. Which retailer is so heroic to keep absorbing their shares while they dump? Heroic indeed! White knight 🙂
Posted: October 24, 2016 6:35 pmPosted by: @dyingcat
VC dumped 193m shares last Fri. Assume it dumped another 100m today. Now only left 150m on hands. Wanna use ur retailer power to absorb them? Sadly it won't be the end. It still has billions of rcb to convert at 0.085c and then dump to u at 0.2c.
VC dumped 193m shares last Fri. Assume it dumped another 100m today. Now only left 150m on hands. Wanna use ur retailer power to absorb them? Sadly it won't be the end. It still has billions of rcb to convert at 0.085c and then dump to u at 0.2c.
Vol no 1 good job.
wont reach 10,just wait to buy @ 1,sell at 2.
Slow and steady.........long to enjoy
I entered at 2. Can' t wait to exit at 3. Also thinking to just exit at 2 as there is not much movement.
Posted: October 24, 2016 2:06 pmPosted by: @macqueen
If can break 3 think still got chance if not stay sideline my 2 cent
Posted: October 24, 2016 10:12 amPosted by: @manick9
It doesnt seem to break 0.003. I think max 0.004. When will it reach 0.010 ???
If can break 3 think still got chance if not stay sideline my 2 cent
Posted: October 24, 2016 10:12 amPosted by: @manick9
It doesnt seem to break 0.003. I think max 0.004. When will it reach 0.010 ???
Posted: October 24, 2016 9:21 amPosted by: @greatman
Soon you will think Liongold 0.010 is cheap. One good push and you will see the light at the end of the tunnel.ABL will show you that the market is not always right
It doesnt seem to break 0.003. I think max 0.004. When will it reach 0.010 ???
Posted: October 24, 2016 9:21 amPosted by: @greatman
Soon you will think Liongold 0.010 is cheap. One good push and you will see the light at the end of the tunnel.ABL will show you that the market is not always right
Posted: October 21, 2016 9:39 pmPosted by: @dyingcat
I've lost more than 20k because i nvr studied VC n RCB before i entered at 0.01x, then nvr expected the crap management could pass the EGM to remove the floor price, though they only held less than 5% shares. Anyway ur $ ur call. Before u buy, go study how VC brought down magnus, annica n lg to 0.001
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