SHARES in Aussino Group plunged 50 per cent to a new low of 3.6 cents yesterday, after the Singapore Exchange (SGX) issued a delisting notification to the bedlinen retailer and rejected its application for a time extension to meet certain listing requirements.
The warning signs were clear when the RTO was placed under a heavy cloud. The insiders knew how to cash out =-- or at least take a lot of money off the table and leave a bit for speculation.
