Our website is made possible by displaying non-intrusive online advertisements to our visitors.
Please consider supporting us by disabling or pausing your ad blocker.
Please consider supporting us by disabling or pausing your ad blocker.
Comments
Natalie Fong replied to comment on NETX.
5 years
·
translate
No.....your outstanding becomes less because the price must multiply by 25 therefore, the value of your outstandings after consolidation remains the same.
What is your outstanding on Netx now and how much $ you bought ?
What is your outstanding on Netx now and how much $ you bought ?
Example if you own 1000 shares, after consolidation it will become 40 shares. (1000 ÷ 25 = 40 shares)
If you bought 1000 x 0.015 = RM 1500.
After consolidation, it will be 40 x 0.375 = RM 1500 also.
The difference is your shares becomes less because consolidation of ratio 1 : 25 but value remains the same.
If you bought 1000 x 0.015 = RM 1500.
After consolidation, it will be 40 x 0.375 = RM 1500 also.
The difference is your shares becomes less because consolidation of ratio 1 : 25 but value remains the same.
Ng Han Lung : All the best on your trades!
Ng Han Lung : You will get to sell it on the 1st day of listing because 0.005 were on the buyer side. After a few hours, it turned to the seller side with huge volume and those who didn't get to sell it will need to queued, hoping to sell it after but normally when comes to OR, unlikely people will buy if they don't wish to convert.
If compared to the previous quarter, this quarter report shown improvement.
James Ng : You're entitle for OR if previously you have existing mother share. You should sell it when OR listed if you don't want to convert it. If you didn't take any actions, the OR will lapsed after expiry date.
Probably because they don't know about it...
You're only entitle for free OR if you have existing shares. You will need to pay as the stated issue price IF you wish to convert to mother share. Else, you just need to sell all your outstanding OR if you have, at market price. The OR will expire in 7 days.
So whoever don't entitle for the OR, just don't trade this counter as it will expire soon. If you're thinking to earn within this few days, chances are near to 0. Invest your money in other stocks.
So whoever don't entitle for the OR, just don't trade this counter as it will expire soon. If you're thinking to earn within this few days, chances are near to 0. Invest your money in other stocks.
Load more