3 Bankrupt Companies are Excluded from the Stock Market, Investors Suffered!

3 Bankrupt Companies are Excluded from the Stock Market, Investors Suffered! Thousands of investors suffered when Borsa İstanbul excluded 3 bankrupt companies from the stock market. An unbelievable event took place in Borsa Istanbul last Friday. Borsa İstanbul decided to exclude 3 companies belonging to Egeli&Co Holding from the stock market. Egeli&Co Energy Investments, Egeli&Co Investment and Egeli&Co Agricultural Venture Capital Investment Trust companies, which were removed from the stock market, left thousands of victim investors behind. Small investors continued to buy shares of the bankrupt companies under the guidance of manipulators. This situation has reached such a level that the shares of Egeli Investment, which received a warning on April 6, increased by 323 percent. On Friday, when it was completely removed from the stock market, the company's shares rose by 9.48 percent, causing many small investors to go bankrupt. Egeli&Co Energy Investments shares, which rose by 537 percent in the last year, also reached the ceiling on Friday. The free float rate of the bankrupt companies to which the shares bought by small investors who were defrauded by manipulators are 99 percent.   Companies Received Warning on April 6 Egeli&Co Energy Investments and Egeli&Co Investment companies traded on the Close Watch Market (YIP); Warning was made by Borsa Istanbul on April 6, 2020, due to the collapse in its financial structures. All three companies were banned from the stock market due to the fact that the conditions of the companies that were warned, did not improve and the Egeli & Co Agriculture Venture Capital Investment Trust did not have any activity. Investors who bought the shares under the guidance of stock market fraudsters caused the stocks of companies to skyrocket. It was learned that the share of Tan Egeli, the owner of these companies, was only 0.20 percent It was stated that the owner Tan Egeli owns only 0.20 percent of the shares and that the market value of Egeli Yatırım, which is one of the companies with almost all of its shares in small investors, is 50 million TL. It was learned that the said company, whose assets were 9.6 million TL, made a profit of 8.4 million TL in the first 9 months of 2020, but had a loss of 42 million TL accumulated from previous years. The other company Egeli Energy has lost 306 million TL in the first 9 months of 2020, in addition to its assets of 6.3 million TL. In addition, the company has an accumulated loss of 35 million TL. Egeli Agriculture, which is the third company banned from the stock market, has a loss of 12 million TL in previous years, despite its assets of 19 million TL. In addition, the company has lost 1.5 million lira in the first 9 months of 2020. The fact that almost all of its shares are in the possession of the small investors, causes the owner of the company to avoid any loss. Thousands of small investors who have experienced all the victimization, watched the shares in their hands turn into worthless papers.