| Latest Forum Topics / Thomson Medical Last:0.055 -- |
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Rowsley is brewing!
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yingtai
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31-Jul-2017 10:20
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Not accumulating. BB distributing. Whr will ppl sell since holding last friday.
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boyboy61
Supreme |
31-Jul-2017 10:16
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,112 versus ,113
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boyboy61
Supreme |
31-Jul-2017 10:13
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BBs are probably accumulating at this level for the push up later.......
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ronleech
Elite |
31-Jul-2017 10:11
Yells: "Believe in yourself. Ride with the waves......" |
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a fight between 0.11 - 0.12..... break 0.12 it will likely shoot up to 0.15 | ||||
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boyboy61
Supreme |
31-Jul-2017 10:11
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Seems like the bbs are suppressing the price | ||||
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hawkeye2010
Member |
31-Jul-2017 10:07
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When one is in the Chairman' s seat, one has to be responsible for every little thing that one does with regard to the company' s shares which is why every transactiopn is reportable. In this sense, such a mistake if it truly is one, is most unacceptable.
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tankookoo
Master |
31-Jul-2017 10:02
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Chairman miscommunication.ask broker but but broker sell...LOL
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hawkeye2010
Member |
31-Jul-2017 09:55
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For Albert who has retired from the chairmanship and is getting on in age(81 yrs), that is understandable.  But for the current Chairman to sell 500k shares for an absolute gain of a paltry $40k, this is very, very disappointing. 
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michaeltan
Master |
31-Jul-2017 09:47
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Furthermore no details were given about how Thomson Medical and TMC were valued at 1.9billion. Think about it! PL has nothig to lose, the loser are the existing shareholers. Just why the directors are happily unload their holding.  
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michaeltan
Master |
31-Jul-2017 09:36
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Is actually sell the company away to PL at 7.5cents with big discounts as NAV 9.14cents.
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ronleech
Elite |
31-Jul-2017 09:34
Yells: "Believe in yourself. Ride with the waves......" |
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Depending on how they wanna play their game. It can be either way. i guess many big insto are in and this sell down was to be ready for another run. | ||||
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Wind22i
Supreme |
31-Jul-2017 09:26
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Once PL squeeze the shortist by pushing above 12c ..then the shortist will be forced to cover..else they will get caught big time..
The shortist now in limbo.. |
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niteowl68
Elite |
31-Jul-2017 09:25
Yells: "God Bleess You" |
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Every level also got people shorting if chart show eakening,,, Another wall 11M at 120... lots of shorts or genuine sellers? | ||||
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andychew.eh
Senior |
31-Jul-2017 09:23
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To short at 16 to 18 cts range, ok maybe we can understand.
But to short at 11 to 12 cts range ? BBs may squeeze shortists with a trading halt of another good news. There are costs involved to pump from 11.2 cts upwards on the 1st day. It is not free. My lots were quicky absorbed at 14.2 cts. Now I am buying back .
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maccer
Master |
31-Jul-2017 09:21
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what Michaeltan stated make sense and be careful..................I think this counter will go down to 0.10 today as they cannot paly the game too long............. | ||||
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niteowl68
Elite |
31-Jul-2017 09:17
Yells: "God Bleess You" |
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Walls of selling of 10M at 114 to 118... lot of shorties in action... join in if you are game...  | ||||
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SgYuan
Supreme |
31-Jul-2017 09:10
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112 break
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michaeltan
Master |
31-Jul-2017 09:10
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Let us digest carefully what has happened to Rowsley. The shares jumped overnight on speculation that its controlling shareholder impressed the market that PL plans to inject his stake in Thomson Medical and Bursa-Listed TMC Life Sciences into the company valued at 1.9billion. Overnight the shares shoot up 100%. The Directors slowly unload the shares of the company.   Rowsley share may involves in manipulation the way I look at it. If you study the proposal carefully, you will know this proposal does cause harm and damage to the shareholder value. Just why overnight you see the share value dropped like hell. I believed it will plunge further to below 7cents in time to come.   I was puzzled by the proposal that Rowsley will fund the purchase by issuing PL new shares at 7.5 cents when the NAV of the company is 9.14 as 30th June 2017. This is like giving a big discount to him that doesn&rsquo t seem benefits to the company and interests of existing shareholders. This is as good as giving the company away to PL by issuing more than 25billion of shares to him. He will become a major controller stake that own 84% of the company without paying a single cent. Imagine that PL will to cash out 5 to 10 billion of his shares in the company, what will happen to the share price? Perhaps it will drop to below 7.5cents. Thus the 2 bonus warrants for each share as proposed has no meaning at all. This is because the exercise price to convert into mother share is 9cents. Just thing about it!  
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Wind22i
Supreme |
31-Jul-2017 09:10
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"Logically" it shld rebound as the tide changes..
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andychew.eh
Senior |
31-Jul-2017 09:09
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Once 11.8 cts resistance breaks, we can see upswing to above 13 cts.
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