LantroVis   

Lantrovision share price after rights issue

bopanha is one of the forumer tat i recommend to consider his advice......

Anilrej      ( Date: 24-Sep-2012 10:49) Posted: Er.. i am a rookie so new to all this.. abit lost.. so your advice is not to sell the rights but to pick up the shares? I dont feel like coming up with cash to buy more.. i sell off the rights, my position should be about equalised right? thanks!

 

Not buying does not mean you have to sell.  Depending on the prices that was bought prior or after consolidation, whether cum dividends,  or x-dividends.  It is better to check on your financial ability and how risk averse are you, your cut loss position and your outlook of the counter before you make your decision. 

 

Er.. i am a rookie so new to all this.. abit lost.. so your advice is not to sell the rights but to pick up the shares?

I dont feel like coming up with cash to buy more.. i sell off the rights, my position should be about equalised right?

thanks!

 

 

Actually this counter will be good if there is play, but if no play don't buy the rights when you already have them.  Just buy the shares from the market. It is cheaper and less hassle.

 

From calculations on historical prices of Lantro, most of not all investors have lost a fortune, since the rights entitlement and the mother shares after consolidation is less than 3 cents in terms of the pre - consolidation average prices of 3.2 (low) to 8 (High) cents.  

The rights to subscribe is 9 cents and the entitlement is 17/18 cents so overall total per share is marked at 26/27 cents per consolidated (reverse split) shares of 100:1 share.

Considering the right entitlement, it is dirt cheap for a profit making SME.

 

Hi all

Need some advice, kindly help.  How do i go about selling the " nil-paid rights" for Lantro?  Where can I check the price for these nil paid rights?

New to rights issue.. appreciate your assistance.  thanks

 

 

Looks like having good play on.  If this can continue today as DOW  performance on Friday was really superb, so good sentiments should prevail.

rutheone1905      ( Date: 24-Aug-2012 16:10) Posted: LantroVis likes performing on stage.  drop for 2 days n today up so much hahahaha

 

LantroVis likes performing on stage. 

drop for 2 days n today up so much hahahaha 

 

This is a big question.  In theory, $3.30 per new share.  After consolidation or immediately from then, shareholders will be give rights shares to subscribe for the new  shares (consolidated ).  Obviously there will be another adjustment with the x-rights.  So what will be the price  at the end will be x-right  price, I think.

 

karseng      ( Date: 22-Aug-2012 14:21) Posted: Hi anyone know what will be the share price after Lantro consolidate all shares and rights issues?   Thanks

 

Hi

anyone know what will be the share price after Lantro consolidate all shares and rights issues?

  Thanks