Houmu Holdings Ltd (HOMU)

[flaflyersfan]

GreekSeas0ning, this cannot be true;

All retail shares RIGHT NOW are from the 4 billion (2 billion x2 traded) shares that where bought in Oct 2019 and then taken off the bid Jan 2020 (2 billion each in buys that month).

2 billion shares were bought in Oct 2019 and then in Jan 2020 were taken off no-bid to bid with 2 billion shares out. Of those 2 billion is where the current retail float stands.

Even if the retail Float was 2 billion shares, a reduction of Float to under 200 million would mean that 80% of current XMET shareholders would have their shares cancelled and lose everything invested. A Reverse Split is more likely than share cancellation.

Good luck.