Veteran..

I already paid thru ATM for rights shares..so i have to wait untill next week right?

Alligator      ( Date: 09-Sep-2009 18:55) Posted:   1. Rights share:  Nil-paid rights 1.1.when CDP credit into your CDP account after EX-rights, and beginning of Rights trading period, you can sell or buy from market on nil-paid rights 1.2 if you want to exercise Rights and convert to mother share, must do it before the LAST DATE. which is in the time table 2. Warrant   : 2.1 exercising:  more paper work, you need to contact warrant agent and follow their paper work procedure. Must exercise before expiry 2.2 warrant, when listed and in your CDP account, can be sold in market also.   Rate This Topic ravikp Member Posted: 09-Sep-2009 18:47       Contact ravikp          *  Quote this Post! x 0 x 0 * Alert Admin Thanks veteran.. I have one more Q..how to trade my rights shares and warrants when it come to my CDP account?

 

 

1. Rights share:  Nil-paid rights

1.1.when CDP credit into your CDP account after EX-rights, and beginning of Rights trading period, you can sell or buy from market on nil-paid rights

1.2 if you want to exercise Rights and convert to mother share, must do it before the LAST DATE. which is in the time table


2. Warrant   :

2.1 exercising:  more paper work, you need to contact warrant agent and follow their paper work procedure. Must exercise before expiry

2.2 warrant, when listed and in your CDP account, can be sold in market also.


 

Rate This Topic
ravikp Member	Posted: 09-Sep-2009 18:47       Contact ravikp          *  Quote this Post!
x 0 x 0 * Alert Admin	Thanks veteran.. I have one more Q..how to trade my rights shares and warrants when it come to my CDP account?

 

Thanks veteran.. I have one more Q..how to trade my rights shares and warrants when it come to my CDP account?

Alligator      ( Date: 09-Sep-2009 15:32) Posted: The answer to your Q is:   BI = BUYing In market, a place you rather NOT get involved. normal market is call Ready Market. However, when there is a seller who SOLD shares ( including nil paid rights shares) but on T+3 he is unable to deliver the shares, then CDP shall go into the BUYING IN or in short Buy In market and 'force' the buy in on those shares to complete the deal. CDP shall charge high fee to the dafault seller. Now come to Rowsley R, since the Rights trading period ended on 7 sept, thus the READY market is now CLOSE for trading from 8 sept onwards. However, BUYIN IN market is still open for few more days so as to close all those that are default on delivery.. Thus you see BI only on this counter

 

The answer to your Q is:   BI = BUYing In market, a place you rather NOT get involved.


normal market is call Ready Market.

However, when there is a seller who SOLD shares ( including nil paid rights shares) but on T+3 he is unable to deliver the shares, then CDP shall go into the BUYING IN or in short Buy In market and 'force' the buy in on those shares to complete the deal.

CDP shall charge high fee to the dafault seller.


Now come to Rowsley R, since the Rights trading period ended on 7 sept, thus the READY market is now CLOSE for trading from 8 sept onwards. However, BUYIN IN market is still open for few more days so as to close all those that are default on delivery..

Thus you see BI only on this counter

 

LEEJK

what is 'BI' only?

leejlk      ( Date: 09-Sep-2009 15:10) Posted: I will try to help - For each right with warrants, each warrent carry the right to subscribe for 1 new ordinary share at an exercise price of $0.10, on the basis of 2 rights shares with 3 warrants for every 5 existing ordinary share.  You will be informed through mails, I guess.  The expected date of issuance of rights shares and warrants is 22 Sept, expected date to trade rights shares is 23 Sept and warrants is 24 Sept. ravikp      ( Date: 09-Sep-2009 07:14) Posted:  SENIORS What is meant Rowsley R  'BI' (buy in only), what kind of transaction is this?

 

I will try to help - For each right with warrants, each warrent carry the right to subscribe for 1 new ordinary share at an exercise price of $0.10, on the basis of 2 rights shares with 3 warrants for every 5 existing ordinary share.  You will be informed through mails, I guess.  The expected date of issuance of rights shares and warrants is 22 Sept, expected date to trade rights shares is 23 Sept and warrants is 24 Sept.

ravikp      ( Date: 09-Sep-2009 07:14) Posted:  SENIORS What is meant Rowsley R  'BI' (buy in only), what kind of transaction is this?

 

 SENIORS

What is meant Rowsley R  'BI' (buy in only), what kind of transaction is this?

 

Hi guys,

 I have recently purchased 30lots of Rowsley R at 0.125cents. 

May I know how many warrants am I entitled? Do i have to subscribe for the warrants or it auto comes with the warrant?

Thanks!

 

ravikp, you can sell the mother share now. No one no whether the price will go up or down.

By looking at the chart, it is above MA 20 and it is on the uptrend. Maybe we should wait and see.

ravikp      ( Date: 29-Aug-2009 22:18) Posted: Any suggestion  about this mother share price..can i sell it now or the price will go up later..

 

Any suggestion  about this mother share price..can i sell it now or the price will go up later..

 

I think 5 x rowsley R 400 make up to 2 rowsley R.

     eg. 5 x 400 = 2000 = 2 lots of Rowsley R

ravikp      ( Date: 28-Aug-2009 09:49) Posted: anyone clarify me what is the difference between ROWSLEY  R  and  ROWSLEY  R 400....

 

anyone clarify me what is the difference between

ROWSLEY  R  and  ROWSLEY  R 400....

 

IMPORTANT DATES AND TIMES
Entitled Shareholders should take note of the following important dates and times relating to the
Rights Issue:


1. Despatch of Offer Information Statement, ARE and PAL (as the case may be) to Entitled Shareholders : 28 August 2009
2. Commencement of trading of “nil-paid” Rights Shares with Warrants Entitlements : 28 August 2009
3. Last date and time for trading of “nil-paid” Rights Shares with Warrants Entitlements : 7 September 2009 at 5.00 p.m.
4. Last date and time for splitting Rights Shares with Warrants Entitlements : 7 September 2009 at 5.00 p.m.
6. Last date and time for acceptance of and payment for Rights Shares with Warrants : 11 September 2009 at 5.00 p.m. (9.30 p.m. for Electronic Applications)
7. Last date and time for renunciation of and payment for Rights Shares with Warrants : 11 September 2009 at 5.00 p.m.
8. Last date and time for application and payment for excess Rights Shares with Warrants
: 11 September 2009 at 5.00 p.m. (9.30 p.m. for Electronic Applications)
9. Expected date for issuance of Rights Shares and Warrants : 22 September 2009
10. Expected date for the commencement of trading of the Rights Shares : 23 September 2009
11. Expected date for the commencement of trading of the Warrants : 24 September 2009