oscarmyn

Kronologi Asia

Largo
MYX:KRONO   KRONOLOGI ASIA BERHAD
Krono

Technical wise Kronologi is now pulling back with low volume with immediate support at 0.605 and mid term wise looking to long with immediate resistance at 0.645 a d 0.665. Breaking out of this could possibly see a new high.





Funds/institutions holding price is around 0.633 besides the foreign fund holding at 0.555.
One more extra thing to take note is that Krono has issued equity securities of 90,467,784 shares to buy over Sandz Solutions (S) Pte Ltd at the price of 0.5665 per share. We can assume this as baseline support for Krono mid-term price as to complete the acquisition Krono's share price shall not breach the price stated.
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