My earlier post in Sept, I was right...
"Response to the article...
Sing Tang sell down could be attempt to push sp down to win votes from other shareholders. Not sure whether Sing Tang's "friends" might be buying up Sing Tang's shares & vote against the board. Would interesting for ASIC to investigate."
Sin Tang did sold from 12m shares to 10.6m (1.7m shares) POSSIBLY to their "friends" & their friends might also participated spp to sell down more down. IMO Sin Tang might reimburse "friends" with capital losses. This might keep sp low for a very long time. In the mean time FWL will issue shares to SpringTree more and more diluting.
Who is BUYING at 5c or less? Possibly their "friends" & resell again to push down... possibly. When will this end?
My earlier post in Sept, I was right..."Response to the...
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