CoolEyes

CoolEyes | Joined since 2017-10-17

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2020-09-08 16:27 | Report Abuse

Bought 500 lots at 0.035 today. Another 500 lots not yet q.. see situations

Stock

2020-09-06 22:14 | Report Abuse

Need at least 6 months to executive this consolidation.

10 to 1 , my guess, should be like this :

Assume DGB price per share before "10 to 1 " is 0.05. After consolidate adjusted to 0.50.

NOW if I bought 100 lots at 0.05 = Rm 5000
EX date consolidate become 10 lots, but price may be 0.50 at that time ( still maintain RM 5000 or higher or lower )

And i entitle 1 to 6 right shares & 3 warrants C. Means i have 60 lots OR and 30 warrants B now.
If OR shares price offer is 0.06 , then i have to pay RM 3600.00 and free 30 warrants B.
My shares will increase to 70 lots & my total funds injected is RM 8600.00 in total.

Say if the price after consolidate adjusted to 0.30 per share ( not 0.50 ) my shares value is
RM 21,000.00.
If unfortunately price after consolidate is 0.15 only, then my shares value will be RM 10,500.00 ( exclude free warrants value )

Please rectify me if i misunderstand because it is what in my mind.

Stock

2017-10-17 22:24 | Report Abuse

Most investors want Shares price Up, hence only accept " Good comments" . Decline and condemn others who are not in line with. Not healthy forum room.

As a Mature investors, we shall take others comments as our investment guideline.

Price will not simply up and down due to our good or bad comments. Price is determined by our big boss behind.

New issuance of shares will ease Netx financial status. New fund to develop new business, is right decision.

Macquarie Bank Ltd , fresh holding the new issuance of Netx shares, I believe will not simply sell shares to the Public by price range 0.06-0.07 only.

High Volume of transaction is just a changing hands between existing and new investors. Existing investors worry more new shares may dilute profit ratio, sell and lock up their gain.

New investors definitely want shares price to grow higher, they will hold for certain period.
Big boss will not push the price high now. Of course , cash matter and do not want New investors to sell their shares in short term.

Hence, my personal view is NETX price will floating between 0.055-0.065 for a certain period of time. Price down, M bank not happy. Price far Up, M bank may start happy selling.