Shares & Derivatives
WILL THIS PENNY STOCK RALLY NEXT?
By Singapore Stocks Investing (SSI)  •  June 3, 2017
  One penny stock which recently emerged as the most actively traded stock on SGX caught my attention: QT Vascular stock. On 31 May 2017, QT Vascular stock rallied up by a solid 12.1% to close at $0.037; this was right after QT Vascular ’s AGM and this prompted an enquiry by SGX. QT Vascular had an extraordinary general meeting (EGM) today to seek approval from its shareholders to sell its non-drug coated balloon catheter product to Medtronic Inc. The EGM was held at 8am and hence at this time of writing, the results of the EGM should have been known at the very least to the attendees though the results have not been put up under the “Company Disclosure” section of the SGX website. The outcome of the EGM might be a non-event as the stock price of QT Vascular remain unchanged from the previous close at $0.......
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By Singapore Stocks Investing (SSI)
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