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...oh ok thank you so much.
Just asking for my friend. He got some other shares from other counter.
Xiang90 ( Date: 19-Nov-2013 23:02) Posted:
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bro.. what u mean by this? " If i bot the rights, lets say 50000 right shares and i paid for $250 at 0.005"
anyway.. u mention you bot them? so.. go ahead to the ATM and pay the 0.005 per rights share..forgot the option for it though. But once u paid in the ATM it will become cedar's mother share.
e.g 100lots of rights share
100,000 x 0.005 = $500
ninjawarrior ( Date: 19-Nov-2013 22:52) Posted:
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...something about rights issues again.
If i bot the rights, lets say 50000 right shares and i paid for $250 at 0.005.
After i bot them....what do i do after this? Will the rights shares become mother shares or do i need to call my broker to convert them?
Thanks.
Where is cedar101? That guy with dont know how many millions of cedar shares.
Wait n see...
The " Right" share will start trading as mother share on 25 Nov 9am.
On 22 Nov we will know the response to the " Right" issued. This is important to the company as they are asking investor on financial input. If the response does not met target (unable to raise fund) it will affect the liquidty asset that is use for further developments. No money to support development mean down cedar. (probability even delisted)
On the contratory, despite the share price is around 0.005 if the " Right is fully paid. Mean strong support and confident that cedar will effective use the $$ for development and return on investment. (if that happen, don't think the price will fall below 0.005)
After the development, if there sign to prove that the company is able to make sustain profits. Will rally the price up to justify it NAV. (Think investors is gamble on this)
In another words, do we trust the management of cedar to help investor to up the value? or they simply want to take our money and spent for themselves on unsustainable Business model? Who know?
The price to pay for now is gamble 0.005 per share for mulitples gain potential! High risk high gain!
This will take at least 2 years to be stable if not collapse.
DYODD
Invested some for fun.
ninjawarrior ( Date: 18-Nov-2013 15:39) Posted:
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So now...what happen....for those who bot via rights will become mother shares?
Seems that the price did not move up as well after the Rights event.....so sian.
This counter will be here for the next 2 years. Don't bother
Fully Flop
Only 300 Lots done at 0.006 @ 16:22
Who want to waste your effort, go Q ATM and pay your Cash for nothing, closing 5.00 pm today.
I remember this stocks went up 100%. If this counter did it b4. It will go back up again! Have patience. Better than bank interest. Worth to wait.
terencee ( Date: 15-Nov-2013 10:02) Posted:
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They were suppose to RTO with hwa cheng right ?
Treechance is part of the hwa cheng group. RTO failed thats why cedar dropped. But Cedar had paid for the subsidiary of hwa cheng. Now cedar is sort of a property counter for china.
Currently we wont be able to see anything as revenue is just starting to generate. We would be able to see some movements next quarter results.
Cedar will never drop to 0.001.
yummysukiyaki ( Date: 14-Nov-2013 09:19) Posted:
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Drop to .001c I will buy the mother share....Ooolala
terencee.....What is Treechance? Please revert n thz
They bought Treechance already. Meaning they don't need the cash at all. They can't even be bothered to push the price up anyway.
dekmelvie ( Date: 12-Nov-2013 12:14) Posted:
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Issnt bad news for us if no one exercise??? If company did not get anything then they are in Big trouble. If they in trouble we are in trouble also. Hahaha
not losing anything is considered winning.
currypig ( Date: 12-Nov-2013 10:02) Posted:
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haha we got win anything meh...
We won....Cheers!
This is it! Today is the last day for the rights. Time to let it go.
Now close at .006. Hehehe hope they will notice that no one will buy the rights at this rate. Must do somthing to entice the small fish like us. Let BB push the price higher. Pump and dump. Lol
yummysukiyaki ( Date: 07-Nov-2013 16:57) Posted:
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