Too bad I'm out of Iris long time ago. If you buy at 10 cents, you would have made 1300%! What a staggering amount. And so Bursa decided to designated this counter: money first before buying.
What will be the effect on CI? CI still failed to break the upper resistance level (679). Most probably pullback since the taiko needs money for World Cup football.
Sentiment could be bad on Monday. On the brighter side, look for counters that stand out among the losers. It could be another new oppurtunity.
BTW, tomorrow is Wesak Day. Don't forget to donate some of your earnings for the unfortunate. Happy Wesak Day everyone.
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