All the allottees of Share Warrants (allotted in Oct 2017) have paid the balance money before March 31 2019 except Mr.Shankar Sharma who was also allotted 1,00,00,000 warrants.He as per law may pay by April 30 2019 to extract the maximum benefit.By that time operations of HFCL Telangana plant may get started for the manufacture of Optic Fibre (Backward Integration move).
The day Mr.Shankar Sharma opts for balance payment coupled with start of new manufacturing unit the share price may start moving upwards for the benefits of large number of Retail Investors who are waiting for the last ten years to see their investment growing but all in vain.
Even if after all these happenings the price does not move or remain suppressed then it means there is some serious trouble with the company which needs to be investigated specially for manufacturing products just for the benefit of one major buyer ( I will not name at this point ) and keeping a very nominal profit margin for the HFCL itself which is detrimental to the interest of all the retail investors of the Company.
Dear friends I will wait till May 15 2019 and after that???????
Dear friends I will wait till May 15 2019 and after that???????
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