$PropNex(OYY.SI)$ why Propnex shares are not moving ! I think the reason is because of the result reporting being changed from Quarterly to Semi- annual basis ,therefore retail investors do not have knowledge of what the company's revenue and financial standing on a quarterly basis but only Semi-annually . Who would want to invest in a company that does not report its results on a quarterly basis? Moreover, insiders either through direct shares holding or by investment vehicle holding controls almost 70% of the shares thus not enough liquidity in the marketplace!
Modify on 2024-06-21 21:15
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well said