Financial companies are running on based on a trust.
If any election is on the way , government always promise public to solve this depositors issue and restructuring plan.
But it will not work. A country like Sri Lanka we have enough banking financial companies at the moment.
I can say CIFL is zero even no future at all. These are running with fake news.
If announcement is there also we should not believe. It will be an another announcement only.
There are reputed counters. Don't take risk with this minus value stocks.
If you loose no one is there to help . remember PC House.,Touch wood and Vanik incorporation.
Big institutional investors also baught PC house above 3 rupees.
Eg: BOC fund struct PC house above 3/- rupees.