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I am not greedy, got S$0.46, I run liao. FYI.
Wow, 2day in the top volume 2nd place, cannot beat the volume of Genting ! 25% gain in one day ! This prove that economy is picking up ! Crazy fellows buy like no 2 morrow ! We need this kind of investor in Spore stock exchange, HK everyday like that, hope we can pick up like them ! LOL.
base on Swissco px, 0.86 and convertion ration of 1.7, C2O share price got to be above 0.49 .... more upside to go .... join the boat while still not too late ..
At least did break truth the block of S$0.45 and high at S$0.455 ! FYI.
Titan888 ( Date: 02-Mar-2010 16:15) Posted:
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Understood, the previously placement is at S$0.46x, thus so call BB will not pay more than that, I guess. LOL .
Anyway, if this take over or merge event could not go through at the end, C20 will need to pay cash S$1m. FYI.
Looks like there is a rd block at 0.45... Good luck to all vested
S$0.44 and S$0.46 coming liao ! Well done.
If I remember correctly, this counter had 2 placement before - one time at S$0.36x and the last time is S$0.43x or S$0.46x. Good Luck to me and the rest who still holding tight to this counter !
Still have 3 cents to meet the placement share previously at S$0.46x ! Fyi. Then that is the promise to placement taker !
Read carefully, that is no doubt, either 1 scenario, C20 will remain listed and Swissco will be delisted, and you take cash or partial cash + share !
mikewb21 ( Date: 02-Mar-2010 15:32) Posted:
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think they'll oush it pass $0.53 so swissco shareholders will convert to C2O
Go go go..... :)
yes ! It make sense mah ! Now Swissco is moving up at S$0.865 !
From what I interpret, seems like after the merger, Swissco will be a subsidary of C20 and will be delisted, and the price is either part cash and share or others. Then I wonder the price offer to Swicssco is S$0.89, then why swissco still at S$0.855 ? May be someone can digest the report, as my "angmoh" no good ! LOL
Must be careful, it is mentioned long time ago that it will buy from the founder - Yeo family (Swissco) at S$0.89. It is not acquired from the public, thus it shows no impact, 1 months ago or Dec 09, I can't remember the date, Swissco is only 0.78 even they announce, and Swissco did not jump.
I just hold on to my C20 and see what is coming after they transform from an IT business to current marine and future of controlling % in Swissco. I am no expert, I am also a trader in here to learn from everyone and share what we know to make some profit from investing. Today juncture, info and fast in obtaining it is = to power = to $$. Good Luck.
Hi Knight rider
You are right! C20 has acquire Swissco. So whats in for Swissco shareholders and vice versa.
Need your expertise.
knightrider ( Date: 01-Mar-2010 10:19) Posted:
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You r welcome ! Good Luck.
Titan888 ( Date: 01-Mar-2010 16:10) Posted:
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Thanks, knightrider
Guessing - concern the merging, saw both counter also halted - Swissco. Should be good news !
Any kind soul knows why is tis counter on HALT since friday?