The share price of PT MD Pictures Tbk (FILM) has continued to rally since its first transaction on the Indonesia Stock Exchange on August 7 2018. Prior to being suspended, FILM’s share price rose up to 635.71% from a price level of IDR 201/share to a price level of IDR 1,545/share
The Indonesia Stock Exchange (IDX) decided to stop trading shares of PT MD Pictures Tbk (FILM) in the regular market and cash market starting Thursday (23/8/2018) until an undetermined time.
There are suspicions that FILM’s shares were “fried” because of the high rise of less than a month. Then how did Manoj Punjabi respond to this, along with CNBC Indonesia’s interview with the boss of MD Pictures.