Please explain what will happen to GREG W2012...?

DKR · 1 Please explain what will happen to GREG W2012...? Sun Nov 27, 2011 12:37 pm

DKR

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What will be the final value of the GREG warrant 2012...?
When they going to close this...?

Last edited by rijayasooriya on Sun Nov 27, 2011 1:45 pm; edited 1 time in total (Reason for editing : spelling corrected.)

2011_NewComer · 2 Re: Please explain what will happen to GREG W2012...? Sun Nov 27, 2011 1:36 pm

2011_NewComer

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You mean W2?

Before that they should convert W1 Smile

Gainer · 3 Re: Please explain what will happen to GREG W2012...? Mon Nov 28, 2011 2:38 am

Gainer

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if you have GREG.W0002 very soon you have to pay 33.00 Rupees.Now GREG.W0002 market price 13.50+33.00 =46.50 now GREG.N0000 Market price 39.00 only.

ndnk

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@Gainer wrote:if you have GREG.W0002 very soon you have to pay 33.00 Rupees.Now GREG.W0002 market price 13.50+33.00 =46.50 now GREG.N0000 Market price 39.00 only.

Rather than using "have to" correct wording is U can pay additional 33 and get the GREG N share ryt? It is an option to exercise. Correct me if i am wrong

rijayasooriya

rijayasooriya

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@ndnk wrote:

@Gainer wrote:if you have GREG.W0002 very soon you have to pay 33.00 Rupees.Now GREG.W0002 market price 13.50+33.00 =46.50 now GREG.N0000 Market price 39.00 only.

Rather than using "have to" correct wording is U can pay additional 33 and get the GREG N share ryt? It is an option to exercise. Correct me if i am wrong

Yes it is an option but if u do not use that option u will loose all ur money ie u will not have shares or warrents after conversion date if u do not exercise ur warrents by that day.

chap

chap

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when is the conversion date?

ndnk

ndnk

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@rijayasooriya wrote:

@ndnk wrote:

@Gainer wrote:if you have GREG.W0002 very soon you have to pay 33.00 Rupees.Now GREG.W0002 market price 13.50+33.00 =46.50 now GREG.N0000 Market price 39.00 only.

Rather than using "have to" correct wording is U can pay additional 33 and get the GREG N share ryt? It is an option to exercise. Correct me if i am wrong

Yes it is an option but if u do not use that option u will loose all ur money ie u will not have shares or warrents after conversion date if u do not exercise ur warrents by that day.

Ya that means, No more warrants will be trading after the conversion date ryt? If we convert we get the normal share otherwise we lose the amount we invested in warrants,,, That is what happens ryt? What would be the conversion date? Now W2 is namely 2012 warrant... So Is it 1/1/2012? As of 31/12/2011 trading of w2 will be stopped? please explain.... Smile

Thanks

2011_NewComer

2011_NewComer

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@ndnk wrote:

@rijayasooriya wrote:

@ndnk wrote:

@Gainer wrote:if you have GREG.W0002 very soon you have to pay 33.00 Rupees.Now GREG.W0002 market price 13.50+33.00 =46.50 now GREG.N0000 Market price 39.00 only.

Rather than using "have to" correct wording is U can pay additional 33 and get the GREG N share ryt? It is an option to exercise. Correct me if i am wrong

Yes it is an option but if u do not use that option u will loose all ur money ie u will not have shares or warrents after conversion date if u do not exercise ur warrents by that day.

Ya that means, No more warrants will be trading after the conversion date ryt? If we convert we get the normal share otherwise we lose the amount we invested in warrants,,, That is what happens ryt? What would be the conversion date? Now W2 is namely 2012 warrant... So Is it 1/1/2012? As of 31/12/2011 trading of w2 will be stopped? please explain.... Thanks

I think exercise date - 24 February 2012 at a price of Rs.33.00 (I'm not 100% sure..saw this in one of their docs sometime ago)

Dan · 9 Re: Please explain what will happen to GREG W2012...? Mon Nov 28, 2011 1:21 pm

Dan

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it will expire 03/02/12.

abp1970

abp1970

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I have some GREG W0003.
What is the best option to do with these?

Pls advice me friends.... I have lost now!!!! Question

2011_NewComer

2011_NewComer

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@abp1970 wrote:I have some GREG W0003.
What is the best option to do with these?

Pls advice me friends.... I have lost now!!!!

W0003 expires in 2014. Nothing to worry about that at the moment.

abp1970

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Thak you Bro...
2011_Newcommer

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Please explain what will happen to GREG W2012...?

1 Please explain what will happen to GREG W2012...? Sun Nov 27, 2011 12:37 pm

DKR

2 Re: Please explain what will happen to GREG W2012...? Sun Nov 27, 2011 1:36 pm

2011_NewComer

3 Re: Please explain what will happen to GREG W2012...? Mon Nov 28, 2011 2:38 am

Gainer

4 Re: Please explain what will happen to GREG W2012...? Mon Nov 28, 2011 11:58 am

ndnk

5 Re: Please explain what will happen to GREG W2012...? Mon Nov 28, 2011 12:29 pm

rijayasooriya

6 Re: Please explain what will happen to GREG W2012...? Mon Nov 28, 2011 12:32 pm

chap

7 Re: Please explain what will happen to GREG W2012...? Mon Nov 28, 2011 12:42 pm

ndnk

8 Re: Please explain what will happen to GREG W2012...? Mon Nov 28, 2011 12:53 pm

2011_NewComer

9 Re: Please explain what will happen to GREG W2012...? Mon Nov 28, 2011 1:21 pm

Dan

10 Re: Please explain what will happen to GREG W2012...? Thu Feb 02, 2012 10:39 am

abp1970

11 Re: Please explain what will happen to GREG W2012...? Thu Feb 02, 2012 11:19 am

2011_NewComer

12 Re: Please explain what will happen to GREG W2012...? Thu Feb 02, 2012 11:36 am

abp1970

13 Re: Please explain what will happen to GREG W2012...?

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