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Treasury-share resale is slightly bearish short-term due to 142.4m shares adding supply, but positive for IJM’s cash position—so I’d treat RM2.72–2.74 as an important market reference level, not a sell signal.
Last round sold at 290 bf it tested 3.0 zone bf reversing. This round could test 3 and go beyond, all depends on operator and news outflow. Think few years high was 3.4++
