ASB LA oh ASB LA

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The share price of Advanced Synergy Bhd (ASB) surged almost 30% in a couple of days earlier last week in heavy volume trading. ASB’s share price rose from 14.5 sen at the close on May 16 to as high as 19.5 sen on May 21 before closing the day at 18.5 sen. ASB’s Irredeemable Convertible Unsecured Loan Stocks or ICULS (ASB-LA) also rose as high as 10 sen on May 21 before ending the day at 9.5 sen.

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