Announced EX Date Subject Ratio Offer 20 Oct 2017 01 Nov 2017 Rights Issue (warrant) 1 : 2 @0.2500 20 Oct 2017 01 Nov 2017 Rights Issue 2 : 1 @0.0500 28 Jun 2017 10 Jul 2017 Share Consolidation 4 : 1 09 Jun 2011 21 Jun 2011 Rights Issue (warrant) 2 : 1
Long term holders will suffer huge losses if still holding rights issues @ 0.25 and 0.05
=============== Continue to monitor quarterly results directors plan for utilisation of company funds directors plan for more fund raising via shares issuance
============= Be careful holding high NOSH multi year loss making penny stocks, many of which had done shares consolidation
EDUSPEC & DOLPHIN are the latest high NOSH low price penny stock proposing to do shares consolidation !!!
This announcement is dated 13 January 2023.
=================== Be careful trading high NOSH low price penny stocks
Directors have power to propose shares consolidation to trim down your shareholdings by many times and raise more fund via rights issue with free warrants
Long term shareholders holding at high prices will incur huge losses due to the corporate exercises
List of penny stocks with shares consolidation :-
2023 proposal in progress - MERIDIAN, VSOLAR, DOLPHIN, EDUSPEC
================ Be aware that directors have the power to propose shares consolidation to reduce the NOSH and then raise more fund via rights issue as well as continue with shares issuance to PP & ESOS in near future.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
651158
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Posted by 651158 > 2 months ago | Report Abuse
So many people trap inside