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Maybe should look at FA now instead of TA...why pump till LU & draw authorities attention if nothing brewing. or BI...Who knows only owner & mkt maker know.
Maker or major shareholders hv to show true intent...they need to start collect from open mkt and absord any form of selling. At the moment we aint seeing any..is like pump to 22cts then someone started to cash out. Bear in mind pgb took over daya s listing did a restructuring...settled wt creditors wt shares of newco...creditors might b cashing out when price ran up
This is formerly Daya ...After restructuring pgb took over listing...n many creditors were settled wt newco shares...every spiked in price some will take opportunity to sell to cash out in order for share price to move up further someone needed to absorb the selling i.e. accummulate ...at the moment with the uplifting announcement fr pn17 status forthcoming we hv not seen shareholders or maker actually go in and started to collect and follow up with pump activities.
Probably need to see qr announcement...pgb must post another good qr then uplifting should be approved. I reckon bursa still waiting for the upcoming qr announcement
