
Quantico ( Date: 28-Aug-2009 14:57) Posted:
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If you intend to buy more for long term, buying rights and subscribe for shares is the cheaper way.
buy rights at 0.05, subscribe at 0.01, cost = 0.06
buy from market, 0.075
The choice is yours.
dealer0168 ( Date: 28-Aug-2009 14:39) Posted:
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your point is absolutely right, that is what I am doing now, because I just bought it yesterday at 0.08 .. (maybe my case is simple.... ) if you bought at 15 cents, 20 cents, then, you do the calculation and see the impact is "big" or not... for my case, YES!
Quantico ( Date: 28-Aug-2009 10:36) Posted:
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Depend. U must first know how much that trader bought Map Tech at during CR.
If he bought at 0.26, than 0.06 is his/ her support (after averaging with their rights). To be frank, i guess the most Map Tech will touch at 0.06 than go up.
Unless those people that bought at 0.13 still hold on to their share. But i guess these smart alas already sold to profit when MapTech hit 0.26.
So yr plan may not work pal. Calculate 1st.
Quantico ( Date: 28-Aug-2009 10:36) Posted:
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For those holding MAP shares, should consider this trade to benefit from the discount.
Sell MAP shares at 0.075
Buy MAP Rights at 0.05 and subscribe for MAP shares at 0.01 (total cost=0.06)
The difference is 0.015 (0.075-0.06).
jm2212 ( Date: 28-Aug-2009 09:24) Posted:
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Just buy the MAP TECH R shares... later you will get the letter to pay to convert to mother shares at $0.01..
arggh.... I am almost there...
ravikp ( Date: 28-Aug-2009 09:43) Posted:
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can i buy a rights shares now..if yes how to buy it..
jackjames ( Date: 28-Aug-2009 09:11) Posted:
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okay, i bought the rights at $0.055.... it is cheaper than the mother share,
and i will sell the mother shares later.... (hopefully at some gain... )
MAP TECHNOLOGY HLDGS LIMITED (Miscellaneous :: Expansion Of Cleanroom Facilities To Cater For Growth In Our Plastic
Submitted with respect to: MAP TECHNOLOGY HLDGS LIMITED Announcement Title: MISCELLANEOUS :: EXPANSION OF CLEANROOM FACILITIES TO CATER FOR GROWTH IN OURPLASTIC INJECTION AND MOULD BUSINESSES IN THE BIO-MEDICAL SECTOR Broadcast Date: 27-Aug-2009 Broadcast Time: 20:11:16 Stock Code: CU7 Reference No.: 00162 Announced by: MAP TECHNOLOGY HLDGS LIMITED Company Registration No.: 200415617H Submitted on behalf of: MAP TECHNOLOGY HLDGS LIMITED Submitted with respect to: MAP TECHNOLOGY HLDGS LIMITED Name of Announcer: Gan Chee Teik Designation: Company Secretary Broadcast date: 27-Aug-2009 Broadcast time: 20:11:16 Price sensitivity: No Contact No.: 63893000 Submission date: 27/08/2009 Submission time: 8:10:36 PM Announcement Title: EXPANSION OF CLEANROOM FACILITIES TO CATER FOR GROWTH IN OUR PLASTIC INJECTIONAND MOULD BUSINESSES IN THE BIO-MEDICAL SECTOR Description: Please see attached.
Check your CDP account tomorrow before market opens. Should be credited by then.
Can also call CDP to check.
Rights trading from 28 Aug to 7 Sep 09.
dealer0168 ( Date: 27-Aug-2009 21:07) Posted:
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Anyone one here can help double confirm fr Ravikp.
For me, Map Tech i am getting it only after XR thus not able to participate in the RIGHTS suscribing. Thus not sure if the RIGHTs are banked in now or not.
ravikp ( Date: 27-Aug-2009 20:46) Posted:
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Master
there is no information about how much rights i have..how to sell tomorrow..
dealer0168 ( Date: 27-Aug-2009 20:25) Posted:
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ravikp ( Date: 27-Aug-2009 19:31) Posted:
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dealer0168 ( Date: 27-Aug-2009 19:28) Posted:
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Btw, nil paid rights start tomorrow. Emm Map Tech fall inadvance...leh.
See how tomorrow.
Cheers.
dealer0168 ( Date: 27-Aug-2009 18:50) Posted:
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