$Nanofilm (MZH.SG)$ what is happening? going to collapse???!...
$Nanofilm(MZH.SG$ what is happening? going to collapse???!
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LeeDee : Gosh… I bought at $5+
PiggyLimOP LeeDee: Same. $5.45 aFter average down
101810442 : and there's no news about it.. I'm so lost
LeeDee : Maybe busy buying GCBs
boingHi : GCB Purchase not pledged with shares?
102289280 : https://links.sgx.com/1.0.0/corporate-announcements/CX3F4X4FQUBJFT27/dc817cae6b9f741ec9bf6a31dfcdf260fde8962feb76370b1a6007f6c7b75b1d
102289280 : Nanofilm Technologies Uses $11 Million of IPO Proceeds
MT Newswires · 10/12 13:23
1min
01:23 AM EDT, 10/12/2021 (MT Newswires) -- Nanofilm Technologies International (SGX:MZH) used another SG$15.5 million ($11.4 million) of the SG$200 million gross proceeds from its initial public offering in October 2020.
From July to August, the nanotechnology solutions provider spent SG$8.1 million on the development and building of new machinery; SG$2.6 million on R&D and engineering; SG$2.4 million on the construction and renovation of new and existing production facilities; and SG$2.3 million on general corporate and working capital.
The company is left with SG$144.3 million gross proceeds, according to a Monday filing. Shares fell 1% around Tuesday's afternoon trade.
Lucky Heng : if have holding power ,good to sit out for a while