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Hot stock: Addvalue opens 45.5% higher on pre-market trade

Michelle Zhu
Published Fri, Aug 4, 2023 · 10:24 AM
    • Addvalue's share price is significantly higher on Friday morning following a pre-market transaction of 30 million shares.
    • Addvalue's share price is significantly higher on Friday morning following a pre-market transaction of 30 million shares. PHOTO: YEN MENG JIIN, BT

    SHARES of Addvalue Technologies were trading higher on Friday (Aug 4) morning after 30 million of its securities were purchased at S$0.016 apiece, minutes before the market opened.

    This pushed the mobile satellite communications company up 45.5 per cent or S$0.005 to the same price at the open.

    The last time the stock traded at such levels was over nine months ago on Sep 15, 2022.

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