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It will return to you :)
ravikp ( Date: 21-Aug-2009 16:41) Posted:
If the extra lot not allotted the money will refund to me or it will forfeited
el7888 ( Date: 21-Aug-2009 16:37) Posted:
| You can get the extra lots as much as you want but no guarantee that they will allocate the extra lots for you. You pay the same cost of 6 cents. : |
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If the extra lot not allotted the money will refund to me or it will forfeited
el7888 ( Date: 21-Aug-2009 16:37) Posted:
You can get the extra lots as much as you want but no guarantee that they will allocate the extra lots for you. You pay the same cost of 6 cents. :)
ravikp ( Date: 21-Aug-2009 16:32) Posted:
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how much extra lots will they allocated...all the rights subcription is 6 cents or the extra lots we have to pay more? |
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You can get the extra lots as much as you want but no guarantee that they will allocate the extra lots for you. You pay the same cost of 6 cents. :)
ravikp ( Date: 21-Aug-2009 16:32) Posted:
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how much extra lots will they allocated...all the rights subcription is 6 cents or the extra lots we have to pay more?
keepnosecrets ( Date: 21-Aug-2009 16:25) Posted:
| Go for the rights, pay it as though you owe them money and must return, what to do? This helps to average the cost of your purchases since you bought at the higher price. At the same time ask for extra lots. |
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how much extra lots will they allocated...all the rights subcription is 6 cents or the extra lots we have to pay more?
keepnosecrets ( Date: 21-Aug-2009 16:25) Posted:
| Go for the rights, pay it as though you owe them money and must return, what to do? This helps to average the cost of your purchases since you bought at the higher price. At the same time ask for extra lots. |
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Go for the rights, pay it as though you owe them money and must return, what to do? This helps to average the cost of your purchases since you bought at the higher price. At the same time ask for extra lots.
based on your experince which way is the best...
keepnosecrets ( Date: 21-Aug-2009 16:15) Posted:
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If you refuse you will regret not selling when it was at CR. Becuase now if you sell the mother share it is worth 25% less than what you could have got in your total assets.
If you refuse to subscribe for the new shares, then sell off the rights when they are traded next week or so. The price of the rights shold be about 8 to 10 cents, depending on the mother share being in the range of above 12 cents so giving some comfort to subscribe. The higher the mother share traded the higher will be the rights traded Approx 1 cent increase for every cent increase in the mother share.
ravikp ( Date: 21-Aug-2009 16:07) Posted:
| If i refuse what will happen |
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If you refuse you will regret not selling when it was at CR. Becuase now if you sell the mother share it is worth 25% less than what you could have got in your total assets.
If you refuse to subscribe for the new shares, then sell off the rights when they are traded next week or so. The price of the rights shold be about 8 to 10 cents, depending on the mother share being in the range of above 12 cents so giving some comfort to subscribe. The higher the mother share traded the higher will be the rights traded Approx 1 cent increase for every cent increase in the mother share.
ravikp ( Date: 21-Aug-2009 16:07) Posted:
If i refuse what will happen?
keepnosecrets ( Date: 21-Aug-2009 15:36) Posted:
I am not sure when is the share price going up otherwise I would be very rich buying and selling at the right moment. Normally it happens the opposite.
But this Rights issue means, the company needs money to spend so you are the uncle sam shareholder, therefore ask your helping hands. The price is 6 cents per share to help, and you can see it is half the price the market is playing at this moment, so if you get interested, you pay 6 cents per share according to your "entitlement" non obligation, means you can refuse. To entice you not to refuse, there is a "gift" for you by means of granting you a free warrant. Free warrant means a free option to buy the share at a strike price of 10 cents. If you after getting these warrants there are 3 things you can do: ONE: Keep first until they play the mother share beyond 10 cents, the higher the better so that you can excercise the warrant and get a share at 10 cents. TWO: Sell immediately on the warrants being traded. THREE: Let the warrant expire worthless when it gets to the maturity date, last date to excercise. |
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If i refuse what will happen?
keepnosecrets ( Date: 21-Aug-2009 15:36) Posted:
I am not sure when is the share price going up otherwise I would be very rich buying and selling at the right moment. Normally it happens the opposite.
But this Rights issue means, the company needs money to spend so you are the uncle sam shareholder, therefore ask your helping hands. The price is 6 cents per share to help, and you can see it is half the price the market is playing at this moment, so if you get interested, you pay 6 cents per share according to your "entitlement" non obligation, means you can refuse. To entice you not to refuse, there is a "gift" for you by means of granting you a free warrant. Free warrant means a free option to buy the share at a strike price of 10 cents. If you after getting these warrants there are 3 things you can do: ONE: Keep first until they play the mother share beyond 10 cents, the higher the better so that you can excercise the warrant and get a share at 10 cents. TWO: Sell immediately on the warrants being traded. THREE: Let the warrant expire worthless when it gets to the maturity date, last date to excercise. |
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Noted.
keepnosecrets ( Date: 21-Aug-2009 14:24) Posted:
Jialat, the rights to subscribe is 6 cents and not 8 cents, so probably the TERP is quite accurate.
Sorry for the mathematical miscalculation. Still not worth to sell after XR. Should be better to sell CR. |
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If we buy today is not eligible to get the rights(XR) ...am i right?
TonyGan ( Date: 21-Aug-2009 15:36) Posted:
i mean
eg 500 shares, u top up to become 1000, becos u can buy excess rights
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good...you can be a good share market teacher la bro
keepnosecrets ( Date: 21-Aug-2009 15:36) Posted:
I am not sure when is the share price going up otherwise I would be very rich buying and selling at the right moment. Normally it happens the opposite.
But this Rights issue means, the company needs money to spend so you are the uncle sam shareholder, therefore ask your helping hands. The price is 6 cents per share to help, and you can see it is half the price the market is playing at this moment, so if you get interested, you pay 6 cents per share according to your "entitlement" non obligation, means you can refuse. To entice you not to refuse, there is a "gift" for you by means of granting you a free warrant. Free warrant means a free option to buy the share at a strike price of 10 cents. If you after getting these warrants there are 3 things you can do: ONE: Keep first until they play the mother share beyond 10 cents, the higher the better so that you can excercise the warrant and get a share at 10 cents. TWO: Sell immediately on the warrants being traded. THREE: Let the warrant expire worthless when it gets to the maturity date, last date to excercise. |
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i mean
eg 500 shares, u top up to become 1000, becos u can buy excess rights
I am not sure when is the share price going up otherwise I would be very rich buying and selling at the right moment. Normally it happens the opposite.
But this Rights issue means, the company needs money to spend so you are the uncle sam shareholder, therefore ask your helping hands. The price is 6 cents per share to help, and you can see it is half the price the market is playing at this moment, so if you get interested, you pay 6 cents per share according to your "entitlement" non obligation, means you can refuse. To entice you not to refuse, there is a "gift" for you by means of granting you a free warrant. Free warrant means a free option to buy the share at a strike price of 10 cents. If you after getting these warrants there are 3 things you can do: ONE: Keep first until they play the mother share beyond 10 cents, the higher the better so that you can excercise the warrant and get a share at 10 cents. TWO: Sell immediately on the warrants being traded. THREE: Let the warrant expire worthless when it gets to the maturity date, last date to excercise.
you mean buy more lots..
TonyGan ( Date: 21-Aug-2009 15:33) Posted:
| 1 thing gd abt rights is , it is the time for u to round up your holding to even lots.
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1 thing gd abt rights is , it is the time for u to round up your holding to even lots.
Is there any link between market movement and the rights issue i mean the price..i see the XR share is doing very low today..is it possible the shares go up.
keepnosecrets ( Date: 21-Aug-2009 14:58) Posted:
| This case is free warrants. If you want additional shares then you exercise the right to buy the share at 10 cents per share. This will come much much later. |
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you mean we have to pay the price now for shares which we bought ...later we have to pay for the rights which is the amount declared by the CDP..
keepnosecrets ( Date: 21-Aug-2009 14:54) Posted:
| EPS is online internet, but subscribing to rights issue is through the ATM. |
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This case is free warrants. If you want additional shares then you exercise the right to buy the share at 10 cents per share. This will come much much later.
Thank you for your valuable post..i have a one more question that anything need to pay for warrants...
keepnosecrets ( Date: 21-Aug-2009 14:48) Posted:
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The procedures go like this.
The announcement on listing of the rights-cum-warrant shares (known as NIL-PAID rights) and when it stop trading.
After the Nil Paid rights stop trading, if you did not sell the Nil-paid rts, a date normally a few days later will be set for you to make payment by ATM. If you sold the nilpaid, then you get the money from the brokerage firm.
After you check your CDP accts to find that you really have 20 lots of rights-cum-warr, go to pay thro ATM.
After payment, one to two weeks later, check your CDP acct, and you will find that you have 20 lots of extra shares to your CDP acct.
Then you can sell these real shares.
keepnosecrets ( Date: 21-Aug-2009 14:40) Posted:
| Sorry, if you do nothing at all, the entitlement will disappear from your accounts. You must pay for the rights to your 20 lots of rights to 20 lots of Rowsley ordinary shares like the ones you bought through the brokerage. For 20 lots of shares at 6 cents each, you must ATM $1200.00 to the company via the bank. |
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EPS is online internet, but subscribing to rights issue is through the ATM.
