RFT 0.00% 0.7¢ rectifier technologies ltd

Ann: Suspension from Quotation, page-77

  1. 1,304 Posts.
    lightbulb Created with Sketch. 295
    Well they resigned when they would have had more leverage if they had stayed.

    So yes, they sort of are going down without a fight.

    Maybe this was an emotional decision based on the 3 others being stabbed in the back.

    The worry is that Yanbin owns about 5% of a company that he now has ill feelings towards. Him exiting will have a big effect on the price.

    ______________________________________________________________________________

    Looking at the top 20, you would have to assume Yung Shing is part of the group, along with Pudu if they got to 60%+

    Another weird thing is that Pudu used to own over 50% of the company 10 years ago and decided to sell a huge chunk in 2 transactions for just half a cent.

    https://hotcopper.com.au/data/attachments/5779/5779725-6250bda0d98dc5b7b2017a91bffe004a.jpg




    https://hotcopper.com.au/data/attachments/5779/5779705-178874924168b97405d01423c09d2046.jpg

    https://hotcopper.com.au/data/attachments/5779/5779718-55433a81b500599b7c5d1c2ee55fed09.jpg



 
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