1st time, I see this sort of SGX query. Shows that the stock has been undeservedly pushed up and yet it has good potential if the Facebook app makes good money. Sigh....
Artivision received a request from the Singapore Exchange Securities Trading Pte Ltd (“SGX-ST”) to clarify the Sponsor’s and Directors’ opinions, including the bases, on the followings:
(i) whether the Company can continue as a going concern; and
(ii) whether the trading of Company’s shares should continue.
The company's answer at
www.sgx.com
Sometimes, you have to ask yourself -- Why is the shareholder willing to put his own money in a Company if he has no faith in what is going to happen. Just my 2-cent worth
MacGyver, it's likely that the shareholder sees the potential, so they pump in money to keep the company afloat. However,
a. It's not clear (to me) when the potential can be monetised in a significant.
b. it's possible the shareholder has no choice - this is like a child who is not doing well, but the father has the love & faith to keep believing in him.
Anyway, i hope yr bet makes money. That is what the stock market is abt - it's whether you are lucky or not, and the company can be undervalued or overhyped.
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