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Hi all, I saw in my holding that I have this. What option(s) do I have?
| OCEANUS R | 15,200 | 0 | 15,200 | 0.001 |
wow ! there are really a 1,000,000 done at 4.34pm.
WanSiTong ( Date: 02-Jul-2013 14:06) Posted:
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Sound quite serious...
WantChinaTimes.com Knowing China through Taiwan News Economy
Abalone price plummets in China
Staff Reporter 2013-07-04 11:51 (GMT+8)
The Chinese government's anti-corruption and frugality policy has had a significant effect on prices of luxury food products but the price of abalone and sea cucumbers have plummeted by 50%, reports the People's Daily, the flagship newspaper of the Communist Party of China. " The food doesn't sell well in big hotels but it is widely available, so how can it command a high price?" said a man who bought 20 abalones, a type of edible sea snails, at only 60 yuan (US$10) in a traditional market in Shanghai. In addition to abalones and sea cucumbers, other luxury items including Chinese liquor and tea leaves have seen their prices drop between 40-60% since May. An expert in aquaculture industry said that there may be two reasons to explain the drop of abalone prices, one being the government-led frugality campaign announced in December aimed at curbing consumption that uses public funds, among other purposes. While the excessive number of people raising abalones and other luxury seafood can also be seen as a cause for the oversupply this year
The problem arising from playing too many counters, is that in such a good opportunity as Oceanus now, one will miss the chance of making big money.
Those who bought can really see good profits in the short and medium term. Many chances!!!.
Is it illogical to buy at higher than 3 today? As Oceanus R is still available at 0.001.
Right to say that? I just want to have a clear mind of rights issue. Thks!
If you take $30K to play (1,000 Lots) every $ 0.001 increase, net profit $ 810 after deducting broker fees.
Of course you have to take the downside risk. But the risk is quite small.
sk6666 ( Date: 02-Jul-2013 11:59) Posted:
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Yeah. Already bought some at 3 this morning. 2.9 difficult to get.
This one, buy already must keep frozen for its freshness.
If you willing to pay for 3 cents a share, you might straight away buy the share at 3 cents now. now Q for sell is 3 cents
sk6666 ( Date: 02-Jul-2013 11:49) Posted:
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Orh! Din know this is the way that oceanus R are traded. Thanks, I learnt smthg today.
Seems 3sen is the best price for latecomers, at this moment.
46.88 m Queuing to sell @ 0.001. You can buy the right at this price and later pay the exercise price of 2.9 cents to convert it to the mother shares. Total cost is 3 cents for 1 share.
sk6666 ( Date: 02-Jul-2013 11:33) Posted:
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Yeah. I think too late for me. I was thinking if many gif up the rights, I might be able to apply the excess.
But, how?? Anyway, thanks Bro. So, I continue to queue at 2.9
veliscorin ( Date: 02-Jul-2013 11:24) Posted:
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bro sk6666 don't think you can apply for the rights now, XR over liao. But I think there are excess rights, maybe can try. I exercise my rights via ATM, and also apply for excess at the same time, not sure if I will get the extras though...
huh? OldFlFx, WaSiTo, so you are giving your support. Can I also apply?
I only buy today.
Yes, apply some extra !
oldflyingfox ( Date: 02-Jul-2013 10:57) Posted:
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So will you all apply for the rights?
Bought some. See how...
one more bad news come...price becomes < 0.01
Thanks. Serious ah? Sentiment so bad for this one? But, 2.9 is the rights value .... tink tink tink ......
I will not be surprise it will go down further. 
Wow...2.9 now? very tempting to enter now... anyone has any view?