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A few key points

$Torchlight Energy Resources Inc.US$ 
1. There will be stock reduction after the market today. TRCH will get MMAT shares at 1:0.5. For example, if you now have 1,000 TRCH shares, it will become 500 MMAT shares when trading on Monday the 28th. The opening price of the stock price is 4.95*2=9.9;
2. The shareholders of META Canada obtained MMAT shares at 1:1.845. Calculated at the closing price, the shareholders there had a premium of about 4 yuan, which is quite OK. As a rough forecast, TRCH's special dividend is estimated to be 4-5 yuan. Unless that plot of land is sold at an sky-high price, it can only be YY;
3. Regarding preferred shares, it is still calculated based on the shares originally held by TRCH. For example, if you hold 1,000 shares at the end of the 24th, the preferred shares that have arrived will still be 1,000 shares, and finally, you will receive dividends based on the number of your preferred shares. The amount of dividends is unknown.
4. After analyzing the reasons for the merger, they probably want to raise the stock price a little higher in order to gain the favor of larger institutions. If we actually follow this script, then we can use the chips that have been diluted in half, wait to watch the performance, and hope META can give a good value of expectations.
5. The Russell Index was updated on Monday. The small cap stocks recently included in the Russell Index, including TRCH, are expected to perform well, which is worth looking forward to;

The above is pure YY, just take a look.
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  • 无心看风景xyz OP eh2021 : Don't be discouraged by the fluctuations at this time! What to do and do on the weekend, relax. The previous wave gave out about 100w shares. Recently, this wave of diving is hundreds of thousands of shares. There isn't much of a problem. Do you want to lose money now?! I can leave anytime, and I never wanted to leave at this time; there's no reason. Next Monday we will be MMAT, the first stock in NASDAQ superconducting materials. Now we can only fight chicken blood by thinking about the future; after all, it's not about digging for oil anymore.

  • 无心看风景xyz OP Daddy_Shark_DoDo : I think someone just waiting for the cheap stock shares.

  • Jfk6822 : It's still a loss if you count it this way

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