Sell @ $0.81
Suddenly saw my Qty in Buy Q at this higher price on my way for lunch…. Couldn't resist the temptation for a quick profit… Not forgetting the high Yield of ~9% (Proforma Rights) comes with an increased Gearing = 43.7%. Very similar to VIT (Yield = 9.48% ; Gearing = 43.4%), which conincidentally (?) also has Mr Tong JinQuan (Wealthy Fountain / Shanghai Summitt) having a controlling stake of >50%.
Last day cri on 3-Jul. TERP = $0.704 @ $0.81 on Monday (6-Jul)… Target to buy only if it drops beow $0.70…. 😀