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Riverstone
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RIVERSTONE HOLDINGS LIMITED
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ADS2200
Veteran |
02-Dec-2020 11:36
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rotation .... most of the penny stocks are moving  | ||||
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ADS2200
Veteran |
02-Dec-2020 11:32
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better for small small players like us. imagine $4.9  100 shares already $490 200 shares $980 500 shares $2450 1,000 shares $4,900 now 100 share only $130 200 shares $260 500 shares $650 1,000 shares $1,300  
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ADS2200
Veteran |
02-Dec-2020 11:26
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this pandemic shook the whole entire world. one big lesson is to stock up. riverstone is so apt when you don' t need it. riverstone is any ordinary stone, a sedimentary rock a form of limestone.  when you need it it is an agate, a quartz, a precious gem. all sort of colours  waiting for the price to stabilize hopefully. beware of shortists 🤪  
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Peter88
Senior |
02-Dec-2020 11:02
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No dilution but number of shares were double , more liquid than before , one ten-$ note become 2-5$ notes . Those who bought around 0.50 before bonus issue can sell their away their bonus share and still in the money plus cash .
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cheng8888
Senior |
02-Dec-2020 10:49
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Hi Bro... What to worry..This shit share can drop from high to current this level already consider " impossible" . Let it drop ba..Drop to whatever it want... For the vestor of this share, sure can smell the same thing...  
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wavehunter
Supreme |
02-Dec-2020 10:28
Yells: "Trade what you see, not what you hope to see." |
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![]() The Last Low at 1.27 better hold. Becoz some traders and short term investors probably placed a stop loss there and if triggered and they cut, the picture can turn ugly.
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Sgvale
Supreme |
02-Dec-2020 10:15
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Boss knows well to absorb . | ||||
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rayokc
Senior |
02-Dec-2020 10:10
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Market sentiment is suck. It' s time to give up glove counters.  | ||||
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n3wbie
Elite |
02-Dec-2020 09:49
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For added information, there is no dilution because there is no change in share capital (total no. of shares x share price). With the bonus shares issuance, total no. of shares doubled but share price halved - vice versa can also be said the same in the situation of a share consolidation.
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ADS2200
Veteran |
02-Dec-2020 09:35
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there is some kind of engagement right now. buyers/investors are coming in slowing while the gate keeper is keeping the price in check. maybe the sell down vol at the end of the day will give us a clue. |
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ADS2200
Veteran |
02-Dec-2020 09:32
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how do you define or see that there is a strong support ?
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ADS2200
Veteran |
02-Dec-2020 09:31
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aiye, there are 2 threads running huh..... ceo bought at 1.35 and the price is heading south 1.29 hmmm .... one against so many shortists/ syndicates. look like the management did not cause the share to dilute afterall ..... still can consider.  looking at the chart, it does show that free falling has eased. now the question is when it is going to recover ...
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humblestudent666
Senior |
02-Dec-2020 09:19
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still dont see any strong support after a month free falling much closer to $1 than it is even to day 1 after post split! moody |
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ADS2200
Veteran |
02-Dec-2020 09:08
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bongbong, thanks for your leading question. i thoughht the increase in shares will dilute. did a check and realised it is different from right isuue. thanks Bonus shares  may also be issued to restructure company reserves.  Issuing bonus shares does  not involve cash flow. ...  Bonus issues  do not  dilute  shareholders' equity, because they are issued to existing shareholders in a constant ratio that keeps the relative equity of each shareholder the same as before the  issue.  
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Checkerman
Master |
02-Dec-2020 09:05
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how much profit can you make from the 2cents unless you are one of the BB can buy  500k - 1m shares otherwise dun waste time 
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investor999
Elite |
02-Dec-2020 08:22
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I guess those who sold to the CEO at 1.35 can buy back at 1.33
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ADS2200
Veteran |
02-Dec-2020 08:09
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oic see so it was the ceo who bought at $1.35. still the market continue to selldown and closed at $1.31. let' s see how it perform today |
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investor999
Elite |
02-Dec-2020 08:07
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Guess today's trading range is 1.33 bid and 1.35 sell, in millions
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investor999
Elite |
02-Dec-2020 08:01
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All those bought at 1.31 are being place at 1.34 and above to sell.
Any takers?
Enough for me
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Thiamm
Veteran |
02-Dec-2020 07:29
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I don?t disagree with the analogy of supply and demand, however, producing mask is simple and much easier than glove. Therefore, the global supply chain will not be flooded with glove.
Interestingly, you quoted SGD3.90/50 pcs of mask. If you are sure those are proper and correct for use in current covid-19 situation, care to share where can purchase the glove at SGD3.90/50 pcs? Not vested with RS.
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