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Yes Stephen why the Hell is he exiting only time will tell, but y did I derive to existing, just look how sneakily he's doing the disposing, do u know there was this huge disposable which he only announced early morning mins away from opening bell.
He must be very happy disposing his shares when everyone tot it was the margin call..so he continued disposing of them la...
How can one person hold billion shares under margin AC lah..It takes a lot of to sustain right...
Come on, go to the achive announcements and read, since when he started selling, and it was because of his huge selling that the price couldn't sustain even then, this fellow has long planned to exit, at the same time he did share buyback not arouse suspicion, but what he didn't forsee was the sell off leading to limit down, and thanks to the rumoured graft news linking to Zetrix that made many exited that day.
One carniving B ....
The dividend pyt matter getting the court's order is so obviously planned, and the name of the substantial shareholder is not mentioned till date, By common sense, the nominee company which missed out (supposedly lah) on opting OUT for the DRP did a big favor instead cause the Sub S/holder could use the cash to buy the shares at a much lower price, right.
The order obtained on 14/9, but was notified only in the evening of 18/9....
Question,the reason for the price to be at this level is mainly due to the Wong fellow who had to off load his outstanding holdings which he accumulated through margin ac and this is the same F who was also manipulating the share price which he tried so hard to push the price higher so that he could silently sell off bit by bit until the rumors about the former minister graft case came to public, and everyone thought the he had some connections with the Company, and hell break loose, limit down!