What has got me very interested is the following schedule of events:
- Mr Chia-Wei LIN acquired 97,568,328 (13.85%) shares on 28/09/2010 @ 0.3cps
- Mrs Lin Wen-Chiang HUNG acquired 76,823,754 (10.91%) shares on 29/09/2010 @ 0.4cps
- No volume since those acqusitions
- AGM held
- Significant volume again yesterday/today (84m total, or approx 12% of register)
Also note the following:
- Clean company shell with $500k cash in Bank (latest quarterly) & $21m in tax losses
I'm very curious to see what the intentions of the Chinese investors (c. 25% of the company) have in store. Given they paid 0.3c & 0.4c respectively, I have no problems in taking a position to see what comes of this enigma.
IMO ONLY
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Mkt cap ! $15.46M | |||
| Open | High | Low | Value | Volume |
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Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1862998 | 2.2¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 2.4¢ | 10998 | 1 |
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