CHEN JS
commented on a stock · Oct 13 20:36
$GENM (4715.MY)$ With a total of 6.7 billion, the current tr...
$GENM (4715.MY)$ With a total of 6.7 billion, the current trading volume is only 200 million. Why has the remaining 6.5 billion not been traded? When will Mr. Lin enter the market to buy?
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有赚就知足 : Do you think moomoo is the only one in Malaysia?? The 200 million refers only to moomoo, and there are other brokerage firms as well.
Grow your Dough : why would people buy at 2.35?
Richard Msia 有赚就知足 : 200m refer to all trading for this stock. not for MooMoo only.
CHEN JS OP Richard Msia : That puts my mind at ease. There are still 6.5 billion left, meaning many major conglomerates have not yet exited, waiting for the price to rise above 3 ringgit before making a decision. Thank you all.
103706768 CHEN JS OP : Big holders wont deal here(any brokerage) , they will deal using ghost market and OTC. Imagine if AIA or vanguard dump 2% of their share in 1 go the retail wont even be able to sell for days untill ambank eats up the shares on gentings behalf. Normally they will do OTC and wont go thru normal brokerage.