As anticipated,the price of Digi shares went beyond RM35.00. I likened it to Julius Caesar crossing the Rubicon. A watershed price for Digi!
With three more days left before Digi goes ex, looks like stragglers are climbing on the last coaches.
Currently, it is trading at RM35.40 with more sellers than buyers.
It closed at RM35.40 for an 88 sen gain.
Will it gain traction in the afternoon session?
No, it did not. The last testy minutes saw the shares ending at RM34.62, down 38 sen.
Will we see further upside action tomorrow?
If the so-called market forces are calling the 'shots', then Digi will definitely hold steady beyond RM3.50 when it ex on Monday 21 November 2011.
