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This private placement issue equivalent to 10% of outstanding share, what do you think when 10% additional shares added. Diluted eps. I just giv my 2 cents idea.
if you see other company also use private placement to expand their business like serbadk , vizione. if use in correct way is ok, no need to cause panic bro
Which 3rd party will get 52 million shares or almost 83 millions ringgit? Unlike ruberex on may, only half of what careplus offered. With Ansel, sure they’ll find foreign investors to invest in this shares. Hopefully next week can gap up
If no demand why they still want to do expansion and now market predict will facing 2nd wave virus.. With jv ansell will be much better and stable than ruberex and comfort
