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Asiatic

Assuming you bought one mother share at 12.5 cts during cum rights (with 2 free warrants).

So, you have one mother and one rights share now.

Exercise the one rights share to mother share at 3.5 cents to give a total of 2 mother shares. Average price per share is 12.5+3.5 = 8 cents per share.

When you exercise the two warrants to mother shares at total cost of 3.5 cts , the average price per share will be 8 + 3.5 divide by 2 = 5.75 cts per share.

Exercise of rights to do it through ATM.

Exercise of warrants to do it through your broker.

 

Am right,   it should be 0.035 + 0.0175 = 0.0525 per share after converting and can I do it online (DBS)? Need advise. Thank in advance. 

TuaPekGong9413      ( Date: 12-Sep-2013 13:28) Posted: Means i cant pay for the warrants thru normal platform like poems? wa....if i buy at 1.75 cts then sell at 8 cts(assuming market share trading at 8cts),its better than buy 4d. am i right to say that? finally, can advise me if warrants can be bought thru poems or need to go thru broker and estimate how much is broker fees?. thanks

 

Means i cant pay for the warrants thru normal platform like poems? wa....if i buy at 1.75 cts then sell at 8 cts(assuming market share trading at 8cts),its better than buy 4d. am i right to say that? finally, can advise me if warrants can be bought thru poems or need to go thru broker and estimate how much is broker fees?. thanks

 

You can convert the warrant at 1.75 cts per share from 26 sep through your broker. After conversion, it becomes mother share and u can sell in open market. It has a time value of 2 years - meaning u can also convert anytime before 2 years expiry .

 

when can i subscribe to the warranty at the earliest stage and is it a 0.0175/pc?

does it means if i paid for warranty then it wil become the same as mother share?

really apprecite helpfulness and your advice, Smart 

 

Exercise the rights to be entitled to two free warrants. Trading of warrants on 29 Sep.

TuaPekGong9413      ( Date: 11-Sep-2013 23:18) Posted: What about the warrants? how does it work

 

8-9 cts possible.

 

What about the warrants? how does it work 

 

this gal can chiong tomorrow?

 

My advice is to subscribe the rights to reap more gains.

 

do i hv to sell my mother shares if i sell my right now? me bought mother shares at 12.5 last time. wats advice?sell r or subscribe

 

got so good meh? means i can reap a profit of abt 12k for nothing? 

 

Yes you can sell your 100 lots of rights in open market now - last day of trading is 13 sep.

 

Sorry.I dont understand what u mean by selling my rights to buy the mother shares. i hv 100lot of mother shares in my acc and thus allocated 100lots of rights. its either i subscribe to the rights or abandon it. wonder if i can sell the rights if i dont want to subscribe to it?

 

You can sell your rights in open market and keep the money. Basically, you are selling your rights to buy the mother share at 3.5 cts with 2 free warrants.

 

Dear Smart, can I sell the rights that I am entitled to now? Do I hv to pay for any cost or I get to keep the $ I sell? Me always confused with rights and warrants. Can advise deity?

 

Yes, different animal after issuance of more shares - will generate strong buying interests , exercise rights to reap full benefits,

Can go up beyond 8.8 if this buying interests continues after 13 sep .

 

for those with rights entitlement

the question you may ask is:

1. Do I sell my Nil rights before 13 Sept?

2. If not, do I exercise my rights AT 3.5 CENTS for 2 warrants following which you will exercise each at 1.75 CENTS for 1 share.

The answers should be obvious if you had bought the mother shares for the Rights entitlement.

 

Last day of rights trading is 13 Sep 13.  Theoretical share price after rights trading is 8.8 cts per share based on 14.1 cts closing on  2 Sep.

skyboy69      ( Date: 05-Sep-2013 09:54) Posted: rights trading today

 

Rights may close at 11-12 cts.