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Tuesday, December 28, 2021

Mnact & Mct

 Both counters trading halted pending announcement, looks rather interesting!

I think market are waiting anxiously for the company announcement! It might be a M&A or ...

I think this might be something quite similar to previous cmt & cct merging into one entity! 

I think if M&A offering price may be around 1.50-1.60 range.. 


Not a call to buy or sell.

Pls dyodd.


Chart wise, bullish mode!
Likely to continue to trend higher!








Short term wise, I think a nice breakout of 1.04 smoothly plus good volume would likely drive the price higher towards 1.08 then 1.14.

Not a call to buy or sell.
Pls dyodd.

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