YTL Power has broken below the major support rm 2.40 and treading rm 2.10. This is due to listing of YTL Warrant which is heavily discounted to benefit the shareholders. This listing of warrants dilute this shares.I know ! I own this counter.
Tuesday, May 27, 2008
9:31 am - Here is next counter YTL Power that is pushing thru the demand !
YTL Power has broken below the major support rm 2.40 and treading rm 2.10. This is due to listing of YTL Warrant which is heavily discounted to benefit the shareholders. This listing of warrants dilute this shares.I know ! I own this counter.
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3 comments:
Yes..It's such a fast move. Gap down. Did not even have chance to sell when it reached loss at 2.50. Sold mine @ 2.40 :(
At least I am glad you cut loss @ rm2.40 rather than @ rm2.10
Can it go back to RM2.40?
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