This one has outperformed the STI. The TDR roadshow in Taiwan is going on and there is strong support for stock price in SG. Obvious, hor? Now at 15.5 cents on very heavy volume.
Then next comes the price-fixing and the TDR listing and post-IPO trading in Taiwan. Will the price go higher soon ? Will it fall after TDR?
I think this could be the only TDR in the making at the moment. Roadshows in recent times, soon bookbuilding? The price is really firm. Strong buying Q at 15.9 cents. Resistance at 16 cents.
Vol today is immense at 8+ million shares. The stock closed at 16.6 cents, has become a favourite to traders. Tomorrow, the stock price could move up some more. Then TDR time!!!!