Versalink    Last:0.05   -

Versalink Net cash higher than share price

wah, today received $0.06, announced another $0.018 interim dividend to go CD again on the payment date itself lol.  Ex-date 23/2.

NOTICE IS HEREBY GIVEN that the Share Transfer Books and Register of Members of Versalink Holdings Limited (the &ldquo Company&rdquo ) will be closed at 5:00 p.m. on 24 February 2023 for the purpose of determining shareholders&rsquo entitlements to the tax-exempt (one-tier) dividend (interim) of SGD0.018 per ordinary share for the third quarter ended 30 November 2022 (&ldquo Interim Dividend&rdquo ). Duly completed transfers of shares received by the Company&rsquo s Share Registrar, Boardroom Corporate & Advisory Services Pte. Ltd. at 1 Harbourfront Avenue Keppel Bay Tower #14-07 Singapore 098632 up to 5:00 p.m. on 24 February 2023 will be registered, to determine shareholders&rsquo entitlements to the Interim Dividend. Shareholders (being depositors) whose securities accounts with The Central Depository (Pte) Limited are credited with shares as at 5:00 p.m. on 24 February 2023 will be entitled to the Interim Dividend. The Interim Dividend will be paid on or around 16 March 2023. BY ORDER OF THE BOARD VERSALINK HOLDINGS LIMITED

ysh2006      ( Date: 27-Jan-2023 07:03) Posted: 6c dividend , slowly will go back to normal price 12-14c....like A-Sonic now back to 70 c... stockinvestor      ( Date: 26-Jan-2023 14:35) Posted: total volume continued to increase to 273,000 shares as at 2pm with significant volumes: 36,000 shares at $0.055 12,000 shares at $0.056 20,800 shares at $0.057 101,100 shares at $0.058 21,100 shares at $0.059 80,300 shares at $0.060 the increase in volume were transacted at between $0.057 to $0.060

 

buying resumed today with 60,000 shares transacted at $0.059 and 28,100 shares at $0.060 so far today.  Today is cash distribution pay out date.  Maybe some investors intend to use the cash received to add to their stake in the company.

 

6c dividend , slowly will go back to normal price 12-14c....like A-Sonic now back to 70 c...

stockinvestor      ( Date: 26-Jan-2023 14:35) Posted: total volume continued to increase to 273,000 shares as at 2pm with significant volumes: 36,000 shares at $0.055 12,000 shares at $0.056 20,800 shares at $0.057 101,100 shares at $0.058 21,100 shares at $0.059 80,300 shares at $0.060 the increase in volume were transacted at between $0.057 to $0.060 stockinvestor      ( Date: 26-Jan-2023 13:37) Posted: quite an increase in buying observed at $0.058 and $0.06, total volume increased to 222,900 shares as at 130pm with significant volumes: 36,000 shares at $0.055 12,000 shares at $0.056 11,100 shares at $0.057 91,000 shares at $0.058 11,100 shares at $0.059 60,300 shares at $0.06

 

total volume continued to increase to 273,000 shares as at 2pm with significant volumes:

36,000 shares at $0.055
12,000 shares at $0.056
20,800 shares at $0.057
101,100 shares at $0.058
21,100 shares at $0.059
80,300 shares at $0.060

the increase in volume were transacted at between $0.057 to $0.060

stockinvestor      ( Date: 26-Jan-2023 13:37) Posted: quite an increase in buying observed at $0.058 and $0.06, total volume increased to 222,900 shares as at 130pm with significant volumes: 36,000 shares at $0.055 12,000 shares at $0.056 11,100 shares at $0.057 91,000 shares at $0.058 11,100 shares at $0.059 60,300 shares at $0.06

 

ok lah, those who bought at $0.116 close on Friday and managed to sell at $0.06 today actually would have made something.

Thi654321ABCDEF      ( Date: 26-Jan-2023 11:50) Posted: pay dividen , share down same amount . what is the use

 

quite an increase in buying observed at $0.058 and $0.06, total volume increased to 222,900 shares as at 130pm with significant volumes:

36,000 shares at $0.055
12,000 shares at $0.056
11,100 shares at $0.057
91,000 shares at $0.058
11,100 shares at $0.059
60,300 shares at $0.06

 

pay dividen , share down same amount .
what is the use

 

quite a range of transactions seen today, somewhat similar to pre-XE equivalent range of $0.115 to $0.120 on the last day before XE.  buyers are still keen for the further 1.8c interim dividend some time in the future:

6,000 shares at $0.055
11,000 shares at $0.056
11,000 shares at $0.057
11,000 shares at $0.058
1,000 shares at $0.059
40,000 shares at $0.06
 

ysh2006      ( Date: 25-Jan-2023 12:07) Posted: Today no trading volume ...XE but selling at 0.086 3 pips difference from last closing at 1.16c ? stockinvestor      ( Date: 24-Jan-2023 20:38) Posted: the 6c cash distribution will go ex-entitlement tomorrow so the shares will start trading ex-entitlement tomorrow.  there is no date set for the further 1.8c interim dividend to go ex-dividend yet.  As the year end of the company is end February and FY2023 results will be announced towards the end of end April, the AGM is usually sometime in late June.

 

by right 11.6c-6c should be 5.6c.  seems like sellers and buyers are retail investors who are unable to force more than 30 bids down to closer to fair value, hence queued at 8.6c.

ysh2006      ( Date: 25-Jan-2023 12:07) Posted: Today no trading volume ...XE but selling at 0.086 3 pips difference from last closing at 1.16c ? stockinvestor      ( Date: 24-Jan-2023 20:38) Posted: the 6c cash distribution will go ex-entitlement tomorrow so the shares will start trading ex-entitlement tomorrow.  there is no date set for the further 1.8c interim dividend to go ex-dividend yet.  As the year end of the company is end February and FY2023 results will be announced towards the end of end April, the AGM is usually sometime in late June.

 

Today no trading volume ...XE but selling at 0.086 3 pips difference from last closing at 1.16c ?

stockinvestor      ( Date: 24-Jan-2023 20:38) Posted: the 6c cash distribution will go ex-entitlement tomorrow so the shares will start trading ex-entitlement tomorrow.  there is no date set for the further 1.8c interim dividend to go ex-dividend yet.  As the year end of the company is end February and FY2023 results will be announced towards the end of end April, the AGM is usually sometime in late June.   ysh2006      ( Date: 22-Jan-2023 06:47) Posted: May know when the dividend ex ? and when Agm ?

 

the 6c cash distribution will go ex-entitlement tomorrow so the shares will start trading ex-entitlement tomorrow.  there is no date set for the further 1.8c interim dividend to go ex-dividend yet.  As the year end of the company is end February and FY2023 results will be announced towards the end of end April, the AGM is usually sometime in late June.

 

ysh2006      ( Date: 22-Jan-2023 06:47) Posted: May know when the dividend ex ? and when Agm ?

 

May know when the dividend ex ? and when Agm ?

 

surprising sell off from sellers don' t want the 6c.

4,400 shares at $0.115
24,000 shares at $0.116
25,800 shares at $0.117
10,000 shares at $0.118
15,000 shares at $0.119
11,800 shares at $0.120
15,400 shares at $0.123





 

 

Quiet day so far today with only 15,000 shares transacted at $0.123.  Seller not queuing to sell at $0.123 and buyer unwilling to buy at $0.124.

 

Total Volume with still " trade at close" to go 80,200 shares.  Prices with significant volume done:

15,000 shares at $0.119
9,900 shares at $0.120
24,700 shares at $0.121
20,000 shares at $0.122
10,000 shares at $0.123

There are still 10,000 shares available for sale at $0.120 till 1716h.  Tomorrow is the last day to be entitled to the $0.06 cash distribution.

 

For today, buyer has so far been unable to get any shares at $0.120.  Significant transactions so far:

14,500 shares at $0.121
20,000 shares at $0.122
10,000 shares at $0.123

 

Volume increased to 148,900 shares.  Someone managed to get a chunk at $0.120:

100,000 shares at $0.120
7,500 shares at $0.121
31,000 shares at $0.122
10,100 shares at $0.123

 

Finally there are buyers who bought at $0.123 in the afternoon.  Significant transactions so far:

4,000 shares at $0.121
30,000 shares at $0.122
10,100 shares at $0.123

 

For today, buyer has so far been unable to get any shares at $0.120.  Significant transactions so far:

4,000 shares at $0.121
20,000 shares at $0.122

 

the stock had low volume before these major cash payout announcements so the buyer could be the same one.

ysh2006      ( Date: 18-Jan-2023 05:42) Posted: Can it be same player yesterday bought those shares ? stockinvestor      ( Date: 16-Jan-2023 16:15) Posted: Versalink announced a Q3 loss but seems to have indicated that it will pay an interim dividend of $0.018 in addition to the $0.06 capital reduction.  Buyers bought 30,000 shares at $0.110 and 20,000 shares at $0.111 so far today.