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TS Wong borrowed a lot of money using his shares as collateral. When his shares value tank, it trigger his margin call to sell of his shares to get back their loans. TS Wong is in huge debt now, and desperately offloading to find money to cover debt.
Usually pride comes before a fall...Sometimes greed comes before a fall... In conclusion, pride and greed are interconnected...The only hope for Zetrix shareholders is that the new management is more transparent and clears the air..
