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NGXGROUP
Before the bonus issue, NGXGROUP hit an ATH of N198/share, even though orderbook trades of N200/share were executed, but the 100,000 rule couldn't perfect the new milestone of N198/share. Those who bought at N198 and N200 per share are down 65% and 67%, respectively, before the new bonus-issue adjustment.
Now, the new high after the adjustment is the N175.3/share region, and those who bought at that level are down by 32%.
The good news is that we have filled the gap that was created in the region of N141.5-N150.5 per share after the bonus adjustment.
All I wanna see is either the Bulls defend the N114-N116.7 per share region and consolidate for a while, or we clean the FVG totally, which is in the region of N93.35-N95.3 per share, and if you noticed, there is a small gap around that region. Which will be a crazy drop from the N198/share ATH
FOMOMALEEK, HOPE YOU ARE LEARNING?
#NFA