RUN! RUN! RUN! RUN!.....experience in ICON is bad...for this exercise. DO not trust the listed price will be 0.70c as illustrated. In ICON they consolidated 50:1 when the last price 0.035, where it supposed 0.035X50=1.75 but it got listed at 0.39c ONLY...everybody bleeding. Later you also cannot sell your right during the cooling period if you wish not to collect for the right alloted to you. Counter has been designated preventing you to sell, end-up you have to look for the fund to collect. This the legal way to get the money from shareholders or rather "Legal Scammers"...ESOS, SIS, PP finally consolidated issue free warrant and asking money to subscribe to right issue....Warrant is just sweetener...ALL RUBBISH....BYE BYE I have liquidated all my million of shares...and coming back when it reach 0.02c. If not not problem, not my rezeki...
If you buy 100,000 at 0.05, costs RM5000. Later become 10,000 shares upon consolidation. Theoretically, the price should be 0.50c for the fact that it will not be like that based on ICON experience. It will perhaps around 0.12 - 0.15 which your capital reduced by 70%. You only hope the right-issue that you have to pay separately (adding to your investment capital) to go up with a free warrant to offset your loss. The tendency to have losses is higher than the profit, even that, you have to wait years to come back to the green. Even ICON now the price only 0.13, where the right-issue issued at price 0.105 (which later becomes mother shares). It used to go down to 0.035 after all consolidation exercise completed. Everybody scratches their head at that time. The decision is yours...Just share my 1c experience with ICON which causing me bleeding badly..Psychologically I do not want to through the same bad experience again.BYE BYE DGB after nearly one year with the game...sadly now I have to leave!
Wah. Director doing fake quarter and trap retailer. This money game company don't touch. Report Bukit Aman to catch the director dealing money game outside
management should post more positive news and not negative news like consolidation.... they dont know how to speculate market with positive news... i.e. current vending machine status... surprise Iconic more forward with mask vending machine..already deploy
Good luck to those who wanted to keep. Bear in mind to lose your capital, the selling price will not be times ten of the last closing price on ex-date as formulated in the proposal, get ready with extra money to collect right-issue. One to Six after consolidated and later right will join the mother shares where the money will further get the price reduced. Do not get trapped!.... ESOS after ESOS issued Private Placement, SIS, after SIS to get the money. Finally, consolidated to get more funds? The fund is only to pay salary and to buy Vending Machine..ha ha ha......I also get cheated with all the good news which all part of the game to trap the retailers!.... Good Luck guys...
this is technology sector la.. those panic sell will regret. future is depend on technology. if construction sector i will run far far away. 0.045 que 1.xmil .just think about it i que 0.045 morning until now still nobody sell. if want to run, quickly sell out .i will buy in. this not warrant, wont become paper.
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pineapplepie
18 posts
Posted by pineapplepie > 2020-09-02 09:04 | Report Abuse
wah open market straight to red leh. GG