Crashing
$IFAST(AIY.SG$
Looks like may re-test previous low of around 7.62. They may issue new shares to fund their acquisition of the UK bank
Looks like may re-test previous low of around 7.62. They may issue new shares to fund their acquisition of the UK bank
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
Moo Contributor
Follow me to get useful analysis, learn TA and make profitable trades.
Maximise profit 利润最大化
6514Followers
57Following
23KVisitors
Follow
Bull Run : Note in the statement issued by iFAST plans to fund the acquisition via a combination of internal funds, bank borrowings and/or fund raising in the capital markets.
Lucky2828 : Anyway, it doesn't matter whether they issue new shares or take loan from bank, if debt ratio increase, share price will still be under pressure.
Bull Run Lucky2828: The CEO wont let that happen hurting the company interest and his share benifit and he is the one planned it. With his good expertise in the Business this issue shall have been thought over with strategy.
Lucky2828 : You are wrong, what I meant is, they look at long term what can the acquisition bring benefit to them. They don't look at short term. They can wait 1,2 or even 3 years to materialise their goal. Can u wait?
JSwin : Foreign investment always comes with a risk, just like CDL investment in sincere. Anyway the share price will do the talking, seems like majority shareholders doesn't agree with this.