Just when countless investors and institutions were frightened by the sharp decline in the new wolf market today, the Nasdaq Trading Center issued three announcements in a row.
The first announcement is to inform all investors that New Wolf’s stock price is currently experiencing abnormal fluctuations and contains huge risks. Please invest with caution.
This is basically an official announcement. To put it bluntly, it’s just bullshit. It’s basically useless other than to create a sense of presence.
The second notification is that New Wolf has applied to the Trading Center Committee, saying that the company has a major asset reorganization and needs to go through special procedures. At present, the committee is still reviewing the application submitted by New Wolf to ensure that it complies with Nasdaq trading rules.
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Seeing this announcement, almost everyone smiled as expected.
At this juncture, the new wolf was indeed panicked.
What situations will a listed company generally face when it proposes a major asset restructuring to the Exchange?
Nine out of ten cases are preparations for applying for trading suspension.
After all, my listed company has reorganized its assets. Is it not too much to apply for a trading suspension and suspend trading for a few trading days?
Very reasonable.
When it comes to the actual situation of New Wolf, everyone can see clearly that New Wolf cannot bear the plummeting stock price and wants to suspend trading to avoid greater losses.
Some of the experienced and highly skilled speculators shook their heads when they saw this, feeling that there was something wrong with New Wolf's decision-makers.
This obvious lack of confidence among market investors in New Wolf caused the stock price to collapse. New Wolf did not want to release good news, but instead put up a no-war card. What did other investors who were still waiting to see think?
It will obviously cause more serious consequences, and more investors will lose confidence in New Wolf.
Your listed company cannot suspend trading forever. Once Xinlang resumes trading, it will be the day when Xinlang completely collapses.
This is simply a stupid move!
After laughing at New Wolf's decision-makers, these people clicked on the third notice.
This third announcement was only a few lines long, but each word was like a loud slap on everyone's face.
After review by the Nasdaq Trading Committee, China Jinqing Investment Co., Ltd., as a major shareholder, injected 1 billion Huaxia coins into New Wolf Company as a share increase.
The information submitted by New Wolf Company regarding the company's major asset restructuring is true and has been approved through the special procedures of New Wolf Company.
From now on, New Wolf's stock price will enter a special procedure and will no longer be subject to price limits for three days.
This announcement was like a resounding slap in the face of people who had previously been self-righteous because of the second announcement.
Not only did New Wolf not apply for a trading suspension, it even directly applied for the cancellation of the price limit in the event of a share increase.
Damn it, something big is going to happen!
All the analysts and investors didn't care to cover their swollen faces, and all of them became excited.
The abolition of the price limit is obviously a new wolf taking the initiative to open up the battlefield and want to see life and death!
Such a fierce battle situation is rare.
After all, in the capital market, every point of increase or decrease is worth tens of millions of dollars. Wealth can expand and evaporate instantly in the blink of an eye. Who would be so impulsive?
But Xinlang uses his actual actions to tell the world that others dare not, but they dare!
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"Li Jin is still Li Jin and he did not disappoint me."
Looking at the third notice displayed on the computer screen, the smile on Meng Yehe's face gradually became wilder.