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If it gets to 90% with a buy out. What happens to us the...

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JoJo22

295 Posts.

26/07/17

17:48

Post #: 26096421
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Originally posted by Sargywargy ↑

Like all of you fellow holders, I'm disgusted.

The govt sold us out, the companies subject to a takeover by our new friend who now holds 80%. If he Gets to 90%, it's a compulsory buy out.

I brought in when we were metex. Started at 78 cents a share.. saw it drop to 1.3

Lately there's been a consolidation. 100 to 1, (From 80,000 at 1.3 to 800 at 1.30). Yes I'm deep in a hole.

Company listed on stock market at 1.30 each this week, saw my first statement it's down to 1.13, ( already down 17 cents in one day).

This is criminal. I'm thoroughly disgusted.

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If it gets to 90% with a buy out. What happens to us the shareholders?

CNX Price at posting: 46.5¢ Sentiment: None Disclosure: Held
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