Wednesday, 30 May 2018

ASIATIC - WHOPPING 26MILLION SHARES DONE TODAY AHEAD OF FY2017 RESULTS AND SHAREHOLDERS' LETTER

 
Today Asiatic saw 26million plus of Shares traded this morning. Asiatic will be annoucing its FULL YEAR 2017 Results as well as the shareholder's letter. There could be insiders trading despite the overall market weakness we seen today.
 
Ahead of the results, we know ASIATIC shares has not been performing well dropping from a high of $0.065 in 2012/13 then $0.04 in 2014 and lately in 2016/17 below $0.02. Given its NAV at $0.043, directors has been not been showing supporting for the company share prices and lately Activist Low Chin Yee publish a shareholder's letter addresing 8 major concern to the BOARD of Directors. Most of us have bought ASIATIC shares at around 3-4-5-6cents that we have stuck for a long period of times. https://asiaticminorities.blogspot.com
 
And now we are looking for changes for the better of the Company as well as for shareholders. We hope to listen to what the BOARD OF DIRECTORS has in place for us Shareholders.
 

No comments:

Post a Comment