Wednesday, September 6, 2017

AN UPDATE ON A PENNY STOCK

QT VascularDear readers, I read of the investment by EDBI, a subsidiary of Singapore’s Economic Development Board into Appier, an artificial intelligence firm. This reminds me of EDB’s investment in another listed Singapore company: QT Vascular. Both Appier and QT Vascular are also listed under EDBI’s portfolio companies (you can refer to the link here for more details).

QT Vascular, currently a penny stock is trading at $0.009 per share which is much lower than the $0.50 over share the stock traded in June 2014. EDB holds a 3.94% in QT Vascular through its subsidiary Bio*One Capital Pte Ltd. I believe if EDB continues to believe in the fundamentals of QT Vascular, this may be a good time to accumulate more shares of QT Vascular; this may also boost confidence in QT Vascular stock. Join the emailing list to receive regular Financial and Singapore stocks newsletters too! Like" me on Singapore Stocks Investing Facebook page to receive all posts on your Facebook as well as read more articles. Follow me on Twitter too.

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