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Basically the penalty is a bit higher than the price you sell. For example the penalty for 1 shares may be around 0.25 to 0.3 .Tommorow you will noticed the penalty
Normally people won't buy before Ex-date and sell on Ex-date if the company announced share consolidations.You can buy and sell after the Ex-date because the price will be adjusted.
Because every 25 shares that you bought will become 1 shares after Entitlement date in our portfolio.If you buy 100000 shares before Ex date and after Entitlement date there will be only 4000 shares shown in our portfolio.
@Lee fei next time if you want to buy penny stocks it's better to look at the company announcement or corporate actions.Usually super penny stokes and heavy stocks will propose share consolidations .Learn mistake from here. Don't give up