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Title: New Wave Share Conso
Description: Be careful with pre-opening prices


csk - February 24, 2005 02:34 PM (GMT)
This share goes share consolidation 1:2 from tomorrow. Price should be approx twice (0.27) of
today's close (0.135) not yet including any effect from the bonus of 1 new warrant for 2 new
consolidated shares. So if you see a slightly higher bid at the open don't go hitting it.

user posted image


Hc - February 24, 2005 02:50 PM (GMT)
Welcome on board CSK.

Add here a link for fellow forumer's easy reference:

SGX Announcement


csk - February 25, 2005 08:55 AM (GMT)

Hi HC,

Thanks for the links.

So once again the issue of bonus do not benefit the shareholders. They were suppose to gain $0.17 in the whole process but the market took it away from them yet again. Back to square one. We will see a price gap on this chart too.

Listed companies should really forget about bonus issues whether it be of shares or warrants. The shareholders never gain from it!!!


oriole - February 26, 2005 05:13 AM (GMT)
Hi CSK

Miss yr postings at SI. Look forward to more postings here.

Cheers




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