Since that the big boys are pushing Oceanus to lower prices before they accumulate again. Very simple - no logic for you to sell now or cut loss when Taiwan side is trading much higher; unless you are unable to hold or you are playing contra. If tonight USA market reports good earnings on some financial counters, most likely next monday asia market will follow- including Oceanus.
Strong support at 0.43 but if it breaks the 0.42 level, sell to cut loss as it may sell down to 0.39 level. Seems unlikely as Taiwan side is trading much higher todate. If you are able to keep at least till CNY will be better ie one month at least
Oceanus continues to march upward in Taiwan: Now NT$16.60, up 90. Equivalent to S$0.725. In Singapore, the stock is 42.5 c. Boy, this is a gulf apart! Shows that there is tremendous value in Oceanus - for now only Taiwanese nationals recognise it. Or is it all becos there is too big a float in Spore, and a much smaller float in Taiwan? Pity the shares are not fungible. Is it because of some iron-clad Taiwan Stock Exchange rule that foreign shares cannot be fungible?