Thanks Doraemon for the valuable advise.

From my experience, almost all loss making company who consolidate (like Hubline), it will drop at least 20% to 30% within 1 week after consolidation. In Glotec case, all the while the share trading at around RM0.04 - RM0.05 and suddenly after consolidation to 20:1 and the price move to RM0.90, how many ppl will buy loss making company with RM0.90 (eventhough they throw in 4 units to 1 warrant, if mother share drop below RM0.50, the warrant is as good as useless)?? Not many ppl will look at the total share from 5 billion consolidate to around 250 million unit, they only look at current trading price, that is my opinion but many experience investor or fund manager might not agree with me on this.

I have been holding this stock more than 5 years (before the merger) and have a very high hope as the CBM is schedule to be commercialize by next year (latest).

But after hearing that it will be consolidate to 20:1, I sold off all 5 million unit (50K lots) this morning even I lost around 200K.

I have bad experience in Hubline where I'm holding 1M units and consolidate to 20:1 and from RM0.01 to RM0.20. After less than a month, it drop to RM0.10 and currently at RM0.06.

I have a bad feeling that once Glotec consolidate to RM0.90 will easily go to RM0.30 or even worse less than RM0.10.

So you guys who still holding, becareful, I sold 5 million units @ RM0.04 and after it consolidate to 20:1 and if my prediction is correct and drop below RM0.30, I might buy back...