$Soup Holdings(5KI.SI)$ 25 March. James have decided he wanted to become permanent Share holder of Soup, oops I mean he is being forced to be share holder for the longest time.
Now that Soup had landed in hot soup, gold are trending down. It's only a matter of time he press panic button again "encouraging" the public to buy Soup holding shares. Imagine, $300k is a large sum of money and it remained illiquid. Less than 1% dividend yield and trending share prices. Ouch, it hurts!
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- Jamesbonding·03-25 10:00TOPI have more than $30,000 ready cash. I can buy another 600,000 shares to corner the market. Look at today’s market, no big sellers left, I bought almost everything.LikeReport
- Jamesbonding·03-25 14:11TOPI own 4 million soup shares at an average price of 7 cents. I think 7 cents is undervalued for soup restaurant. I will stop trading soup restaurant shares for 3 months. If soup restaurant shares fell to 3 cents, I will buy another 4 million shares for $120,000 to raise my stake to 3%. I will be the 6th largest shareholder by then. I also look forward for 2 for 1 rights issue at 3 cents to raise $16 million for strategic expansion into Malaysia and Indonesia where they already have restaurants there.LikeReport
- Jamesbonding·03-25 12:03TOPIf there are buyers buying at 6.6 cents for up to 400,000 shares, I will sell it. Otherwise I wait for my dividends.LikeReport