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Wimal Samara's avatar

"long NVC International (HKG:2222) at an average price of 8 cents per share."

How did you buy 2222.HK at HK$ 0.08/share when the price range in the month preceding July/24/2023 publication was in a range of HK$0.66-0.96?

Was the "8 cents" referring to a USD equivalent?

https://tinyurl.com/47hjyatv

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Sam's avatar

Perhaps stupid question but what is to stop extreme shareholder oppression here, eg continued issuance of shares and dilution? I note the announcement today : https://www1.hkexnews.hk/listedco/listconews/sehk/2023/0915/2023091500388.pdf but from a quick review of past annoucements it seems like this is a controlled company that cares little about decorum eg what look like attempts by ETI to get a non-exec on the board?

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