The share price of Advanced Synergy Berhad (ASB) surged almost 30% in a couple of days earlier this week on very heavy volume. ASB share price rose from 14.5 sen at the close of last Friday 16 May 2014 to as high as 19.5 sen on 21 May before closing the day at 18.5 sen. ASB’s Irredeemable Convertible Unsecured Loan Stocks (ASB-LA) also rose as high as 10 sen on 21 May before ended the day at 9.5 sen. The volume traded for both the mother share and loan stocks during that last few days both reached multi-year high.
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