Short Position

What’s NetX?  

ONE of the most actively traded stocks this week is little known counter Netx Holdings Bhd, formerly known as Ariantec Global Bhd. But there is clearly no visible reason why the stock should be seeing such active trades and for its share price to have rallied to a one-year high of 9.5 sen on May 9, rising from a low of two sen on Sept 28, 2016. Year to date, the counter has risen 200%.