CONSOLIDATION OF EVERY 5 ORDINARY SHARES IN CITAGLOBAL BERHAD (FORMERLY KNOWN AS WZ SATU BERHAD) ("CITAGLOBAL" OR THE "COMPANY") ("CITAGLOBAL SHARE(S)" OR "SHARE(S)") HELD AT 5.00 P.M. ON 3 MARCH 2023 INTO 1 CITAGLOBAL SHARE ("CONSOLIDATED SHARE") ("SHARE CONSOLIDATION 19/02/2023
Easy for understand, if you are share holder, advise sell before consolidation date, if you are not the share holder, wait good chance buy in before consolidation date,however,it depend on company business and their management team
Cita not a company with own business skill,it is a investment management company,layman language means opportunist company,consolidate of share no benefit for share holder
If u look at AGES, from 0.015 consolidated - > 0.60 but the prices drop now around 0.150 .. They consolidated so that prices can go much2 lower.. without conso cannot down no more hitting the floor..
It has to cast off penny stock image in order to get more business from local partnerships as well as overseas. The consolidation is in the right direction.
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....
sungailimau
126 posts
Posted by sungailimau > 2023-01-25 17:02 | Report Abuse
What's happening Kanenites