09-05-2012, 09:43 PM
There was an upsurge in volume traded and price - to the high of $0.03 - for this counter today, from 16:22:46 onwards all the way till closing at 17:05:01. Something positive brewing?
Based on the latest 3Q (ended 31Mar12) results announcement.....
http://info.sgx.com/webcoranncatth.nsf/V...40024AA8A/$file/FY2012_Q3_Financial_Announcement_FINAL.pdf?openelement
, NAV/share stood at USD0.0301 (or approx. $0.038), which is represented by a USD9.9m cash reserve, and a minority stake in U.S. based Multimedia Commerce Group (MMCG) recorded at a BV of USD21.2m - which potentially can be worth a lot more in market value if MMCG does successfully go IPO - based on 1,035.37m issued shares.
Any fellow forumers hold this counter and have something to share?
Based on the latest 3Q (ended 31Mar12) results announcement.....
http://info.sgx.com/webcoranncatth.nsf/V...40024AA8A/$file/FY2012_Q3_Financial_Announcement_FINAL.pdf?openelement
, NAV/share stood at USD0.0301 (or approx. $0.038), which is represented by a USD9.9m cash reserve, and a minority stake in U.S. based Multimedia Commerce Group (MMCG) recorded at a BV of USD21.2m - which potentially can be worth a lot more in market value if MMCG does successfully go IPO - based on 1,035.37m issued shares.
Any fellow forumers hold this counter and have something to share?