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Back to ipo price 1.2 is impossible la, but if u are to collect now and gain maybe sell at 30sen 45sen possible. Cause the company isn't dying despite the capital payback. It just not performing at the moment.
I think ecowld is trying to help buyout the australia assets and probably later the UK assets, then maybe all cash collected from ipo payback to shareholder and later take some of Ecowld project in Malaysia... So sad... The initially intended to expend International have to back to Malaysia but the initially Malaysia established now take over international assets...
Just complete my bottom fishing for the last 2 days at average of 20sen. Will now take it as if I had bought a house and seeking both capital and rental yield like I did with Ecowld shares for the last 3 years. Good luck and happy investment.
I bought Ecowld from 50 Sen to 36 Sen few years ago. I am holding till date with current price above 2 ringgit. I believe in my analysis and Ecowld management. And most importantly, holding power and patience.
