What happened to Beyonics?

[chipmunk]

Can someone explain to me?

[chipmunk]

One more QNs. If the person is holding stocks he bought at $0.30, does he make any profits as of current closing price?

[bolts]

what happen to beyonics?

[chipmunk]

Originally posted by bolts
what happen to beyonics? Hehe was shocked to see that the price rise more than 50 cents. Erm was in tekong for some training hence dont know abt the 5:2 Conversion until today morning

[bolts]

Originally posted by chipmunk
Hehe was shocked to see that the price rise more than 50 cents. Erm was in tekong for some training hence dont know abt the 5:2 Conversion until today morning

Conversion is good. I take it that they are reducing the size of the share float on the market. Provided profits continue to grow, the share price will increase. Reducing number of outstanding shares on the market increases the EPS, which has a magical effect in increasing share price.

The reverse will cause share price to drop.

[chipmunk]

Originally posted by bolts
Conversion is good. I take it that they are reducing the size of the share float on the market. Provided profits continue to grow, the share price will increase. Reducing number of outstanding shares on the market increases the EPS, which has a magical effect in increasing share price.

The reverse will cause share price to drop. Thanks for the explaination

[koxinga]

i sold my beyonics on the last day before the conversion for a small profit. Still, worth a second look if the price is right.

[evets]

tech related stocks will increase in value in the long run. But u have to choose the rite one,

brilliant, TPV, jur tech are some good buy IMO.

[chipmunk]

Originally posted by evets
tech related stocks will increase in value in the long run. But u have to choose the rite one,

brilliant, TPV, jur tech are some good buy IMO. yuP.