Pak Tak International Warns of Share Volatility

Pak Tak International Limited (HK:2668) has released an update.

Pak Tak International Limited has reported a highly concentrated shareholding, with just 25 shareholders and a substantial shareholder holding a combined 95.35% of the company’s issued shares. This concentration raises concerns about potential share price volatility, as even small trades could significantly impact the stock price. Investors are cautioned to exercise extreme caution when dealing in these shares, especially in light of the company’s recent financial performance, which includes an extended loss for the year ended 31 December 2023.

For further insights into HK:2668 stock, check out TipRanks’ Stock Analysis page.