New appointments to a company’s board are almost always regarded as significant news and hence, it may be time for investors to consider taking a look into the developments with regards to Astika Holdings Inc (OTCMKTS:ASKH) this morning.
Trading Data
On Friday, ASKH stock slumped 10.16% to $0.0437 with more than 160K shares, compared to its average volume of 59.64K shares. The stock moved within a range of $0.0415 – 0.0450 after opening trading at $0.0415.
Astika Holdings, Inc. Announces Appointment of Deng Funan as Chairman of the Board of Directors.
The company was in the news cycle last Friday after it announced that it had added two new members to its board of directors. The company announced that it added Deng Funan to the board and also made him the chairman of its board. It was a significant new development and it is going to be interesting to see if it leads to any move in the Astika Holdings stock this week or not.
In this situation, it could also be a good move for investors to have a bit of an idea aboutAstika Holdings as a company and business. It is a Florida corporation and still at a development stage. At this point in time, the management of the company is trying to launch its operations again through acquisitions in various industries.
The sectors Astika Holdings is interested in are industrial, textile and services. The company is trying to make those acquisitions so as to take advantage of the next growth wave in such sectors in New Zealand, United States and Asia.
