Shares & Derivatives
Biosensors
By Create Wealth Through Long-Term Investing and Short-Term Trading  •  February 22, 2011

Market doesn't seem to have an issue with such a big placement since there is no sell-down and in fact it surges forward.

Biosensors: PLACEMENT OF 216,325,800 NEW ORDINARY SHARES AT AN ISSUE PRICE OF S$0.9283 PER PLACEMENT SHARE
The Placement Shares represent approximately 19.55% of the existing issued and paid-up share capital of the Company as at the date of this Announcement and will represent approximately 16.35% of the enlarged issued and paid-up share capital of the Company after the issue of the Placement Shares. Upon allotment and issue, the Placement Shares will rank pari passu in all respects with the then existing Shares of the Company at the date of their issue. The Placement Price of S$0.9283 for each Placement Share represents a discount of approximately 10% to the weighted average price of S$1.0314 per Share for trades done on the Singapore Exchange ...
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By Create Wealth Through Long-Term Investing and Short-Term Trading
I am 62 yrs old uncle living in HDB heartland who has achieved financial independence @ 56 and finally retired @ 60 from full-time job as employee on 1 Oct 2016. Single household income since 1995 with three children. Eldest son and daughter are now working and youngest son still in his 3nd year Uni in SUTD. I have been doing long-term investing and short-term trading in Singapore stock market only since Jan 2000 so I am that Panda or Koala in the investment world; but I am still surviving well in the wild. I am now executing my Three Taps solution model to maintain sustainable retirement income for life till 2038. Cheers!
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