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May b just a controlled counter, they won't let retail earn, once the shares price up a bit, they might issue esos again. pp, right issues and esos, price will never goes up, avoid at all costs, don't catch the falling knife...
Yeah, that's a classic "pump and dump" scenario they might be setting up to unload more shares on unsuspecting retail investors. It's definitely a red flag for any stock with those kinds of dilutive actions happening.
While dilution is a valid concern with new share offerings, it's important to consider the company's underlying strategy and how the capital raised will be used. A well-executed rights issue can fuel growth and ultimately benefit shareholders, so a blanket avoidance might miss potential opportunities.
While dilution is a valid concern with new share offerings, it's also important to consider the company's underlying strategy and how the capital raised will be used. A well-executed rights issue can fuel growth and ultimately benefit shareholders, so a blanket avoidance might miss potential opportunities.
Aizo plans to raise up to RM46.6 million through a private placement of 763.88 million new shares, equal to 30% of its existing share capital. Of the total funds, RM40 million will be used to develop its large-scale solar project in Kampar, Perak, while RM5.59 million is allocated for working capital, including staff, operating, and administrative expenses.