2c trades finish, this week 2.5c trades next week announce date for consolidate 10:1, then dont know how market react then Right issue stock free fall. time your exit dont be so greedy. those trapped in penthouse 6-10c remember the operator flushed all and collected at 1.5-2c, they they pump to 3-5c you should take this chance to cut your losses or size down IF THE CHANCE COMES
(i) proposed consolidation of every 10 existing ordinary shares in Metronic (“Metronic Shares” or “Shares”) into 1 Share (“Consolidated Share”) (“Proposed Share Consolidation”); and
(ii) proposed renounceable rights issue of up to 1,742,433,306 new Shares (“Rights Shares”) together with up to 580,811,102 free detachable warrants in the Company (“Warrants B”) on the basis of 6 Rights Shares together with 2 free Warrants B for every 1 Consolidated Share held by the entitled shareholders of the Company on an entitlement date to be determined (“Entitlement Date”) (“Entitled Shareholders”) (“Proposed Rights Issue with Warrants”).
================== Be reminded of the proposed shares consolidation of 10 to 1, coming soon
Look at stocks with similar shares consolidation. pasukgb, lambo, sanichi, kanger, pdz, etc
Dont be the big "catch" FOR the ESOS syndicate. Dont be the victims of ESOS syndicate.
- PROPOSED DIVERSIFICATION OF THE EXISTING BUSINESS OF METRONIC AND ITS SUBSIDIARIES TO INCLUDE SOLAR ENERGY BUSINESS
DONT BELIEVE IN RUMOURS. VSOLAR,one of the same syndicate controlled company has been in SOH-LA business, not really, but announcing going into SOH-LA business for the last 8 yrs, BUT zero revenue, YES, ZERO REVENUE ,qtr after qtr ,past 15 qtrs SOHLA even change name to VSOLAR for many yrs, but nothing come out DONT BELIEVE IN penny stocks RUMOUR WE ARE NOT secretly BUYING THIS STOCK. go for 15 qtrs profit type of company. $8b speculative fund has move out of pennies stocks to good value stocks. Those who are seduce to enter @2c will be ESOSed,PPed till father mother no recognise next next few daYS
CONSOLIDATION OF EVERY 10 EXISTING ORDINARY SHARES IN METRONIC GLOBAL BERHAD ("METRONIC" OR THE "COMPANY") ("METRONIC SHARES" OR "SHARES") HELD AT 5.00 P.M. ON 20 MAY 2022 INTO 1 SHARE ("CONSOLIDATED SHARE") ("SHARE CONSOLIDATION") Ex-Date 19 May 2022 Entitlement date 20 May 2022 Entitlement time 5:00 PM
============== Note the ex-date for the shares consolidation
PROPOSED RENOUNCEABLE RIGHTS ISSUE OF UP TO 1,742,433,306 NEW SHARES (“RIGHTS SHARES”) TOGETHER WITH UP TO 580,811,102 FREE DETACHABLE WARRANTS IN THE COMPANY (“WARRANTS B”) ON THE BASIS OF 6 RIGHTS SHARES TOGETHER WITH 2 FREE WARRANTS B FOR EVERY 1 CONSOLIDATED SHARE HELD BY THE ENTITLED SHAREHOLDERS OF THE COMPANY ON AN ENTITLEMENT DATE TO BE DETERMINED (“PROPOSED RIGHTS ISSUE WITH WARRANTS”)
============= Take note of rights issue after the completion of shares consolidation.
Need to fork out more money to subscribe for rights shares (6 rights shares for 1 consolidated share held)
"(i) proposed consolidation of every 10 existing ordinary shares in Metronic (“Metronic Shares” or “Shares”) into 1 Share (“Consolidated Share”) (“Proposed Share Consolidation”);" ============================================
CONSOLIDATION OF EVERY 10 EXISTING ORDINARY SHARES IN METRONIC GLOBAL BERHAD ("METRONIC" OR THE "COMPANY") ("METRONIC SHARES" OR "SHARES") HELD AT 5.00 P.M. ON 20 MAY 2022 INTO 1 SHARE ("CONSOLIDATED SHARE") ("SHARE CONSOLIDATION") Ex-Date 19 May 2022 Entitlement date 20 May 2022 Entitlement time 5:00 PM
============== Closing price on 18 May = 0.01 Ex-date 19 May consolidated price = 0.10
====== Interesting to see the price movement from this stage until rights ex-date
Teknik pakai graf bagai lagi tak boleh pakai,last2 graf yg kasi terlungkup semua duit.Bursa Malaysia ni tempat menipu yg dihalalkan kerajaan.Jadi pandai2 la bila masa sesuai utk masuk keluar pada masa sesuai.
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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....