ck wong's comment on NETX. All Comments

ck wong
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lost 55%..overall
Yi Guan Heng
lost 75% overall
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Jonny Goh
我今天卖了亏80%哈哈哈当作送公司了
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meow 11
how u lose?
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Yathava Arulappan
See the company announcement .The company annonced share consolidation with 1:25 . Today is the ex-date of the announcement.It means every 25 of your shares will be adjusted to 1 shares on ex-date. For example if you have 10000 shares before Ex -date ,on the date of Ex-date your share will be only 400.You are only allowed to sell 400 shares after the price adjustedment. If you sell more you will be fined by bursa .
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Yathava Arulappan
Let's say for example you bought 10000 shares at price 0.01 before Ex-date ,Your totol cost will be Rm 100.On Ex-date the price is adjusted and you are allowed to sell only 400 units.Then calculate the totol cost of your 400 units. Lets say 1 unit of shares adjusted to 0.225, then your totol portfolio became Rm 90.You lost 10% of your capital on the Ex -date.
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