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The process of exercising the entitled ESOS shares will at least take a min of 1 to 2 weeks for them to get the shares into their CDS ac. Anything can happen within that 2 weeks, and those entitled will only exercise their shares knowing for sure that the price will be above their exercised price, what does this say, if the Company really wants them to exercise so badly for the the cash, don't you think the price will be maintained at higher levels?
The force selling yes, but the F...er manipulated his selling also yes, anyway the most important fearing factor was the accounts not being falsified which by now would have known.
The largest shareholders of Zetrix AI now are the Social Security Organisation or Socso with 216 million shares or 2.72%, followed by the World Bank’s private sector arm, the International Finance Corp, with 199.56 million shares or 2.51%,
The announcement of the interim div was just a gimmick to fool the people that the company is doing well while he was carnivingly disposing his shares silently
Selling at these prices means no one is making money, not that anyone bought them at the lower prices as it never went there at least not yet, yet there's a long sell queue....
For all u know when he announces tomorrow he will be no longer a substantial shareholder.....a carniving B he is, and of course he knew all along what position the Company is in, and started disposing way back wen no one was suspicious...
Yes Henry agreed, see all my previous posts.
The thing is now the price is at it's lowest, so if anyone wants to take chances so be it lah, hw much more can one lose at this low price...what if Loke and Ah Wong comes to a settlement obviously the suspension will be lifted, or what if there's a new substantial shareholder emerges, imagine how the price will react there after. Never know, either one can happen over this weekend.
Anyway there's a strong buying yesterday I noticed.
