Well if we want to talk facts the market has overwhelmingly rejected OEX last announcements about Cambay. Current share price of 5.1 cents with a market cap of around 30 million which could go lower. Like a Nigerian Scam nobody believes a word that RM is telling the market apart from the rusted on who are not clued onto their tricks to fleece you from your money.
What a disaster this has been for holders that have entered above the current price and now we await the outcome of the dubious SPP. Maybe we will see another 20% destruction in the value of this company. It will be very interesting to see whether we will see more selling once these new shares hit the market for a small profit or if investors will hold onto them.
OEX Price at posting:
5.1¢ Sentiment: None Disclosure: Held