GREG warrant convertion

HaPan · 1 GREG warrant convertion Tue Jan 10, 2012 9:07 am

HaPan

Equity Analytic

Posts : 36
Equity Stars : 3425
Reputation : 0
Join date : 2012-01-10
Location : Colombo

More than 34 Million new GREG normal shares has been lodged on CDS yesterday. This has resulted to double the free float of GREG. Trade with care Smile

amilaela · 2 Re: GREG warrant convertion Tue Jan 10, 2012 9:14 am

amilaela

Senior Manager - Equity Analytics

Posts : 430
Equity Stars : 4053
Reputation : 18
Join date : 2011-10-06
Location : colombo

greg 24 eida

hariesha · 3 Re: GREG warrant convertion Tue Jan 10, 2012 9:28 am

hariesha

Vice President - Equity Analytics

Posts : 1058
Equity Stars : 6119
Reputation : 34
Join date : 2011-03-14

Happy Pancha wrote:More than 34 Million new GREG normal shares has been lodged on CDS yesterday. This has resulted to double the free float of GREG. Trade with care

Additional free float would be around 16 M. About a 30% increase. Balance is offshore investors. Watch and trade. There will be considerable selling. But will give an opportunity for new entrants.

swan03 · 4 Re: GREG warrant convertion Tue Jan 10, 2012 9:53 am

swan03

Vice President - Equity Analytics

Posts : 1241
Equity Stars : 5564
Reputation : 84
Join date : 2011-01-31

http://www.cse.lk/cmt/upload_cse_announcements/8461326169018_.pdf

Chamara.i · 5 Re: GREG warrant convertion Tue Jan 10, 2012 10:41 am

Chamara.i

Stock Analytic

Posts : 19
Equity Stars : 3587
Reputation : 0
Join date : 2011-05-30

I have read the above pdf, What is the meaning of first conversion and second conversion?

How that will affect to WREG 2 ??

hariesha · 6 Re: GREG warrant convertion Tue Jan 10, 2012 11:01 am

hariesha

Vice President - Equity Analytics

Posts : 1058
Equity Stars : 6119
Reputation : 34
Join date : 2011-03-14

No effect on W2.

W1 conversion took place on 2 stages. Those who wanted to convert on the original date, it was allowed and that's 1st conversion. No additional shares were allowed on 1st conversion.

Others were allowed to convert on the extended date in December and additional shares were allowed to apply . This is 2nd conversion.

Chamara.i · 7 Re: GREG warrant convertion Tue Jan 10, 2012 11:16 am

Chamara.i

Stock Analytic

Posts : 19
Equity Stars : 3587
Reputation : 0
Join date : 2011-05-30

Thanks for the explanation Hariesha.. Smile

Universalgoal · 8 Re: GREG warrant convertion Tue Jan 10, 2012 4:20 pm

Universalgoal

Assistant Vice President - Equity Analytics

Posts : 859
Equity Stars : 5499
Reputation : 38
Join date : 2011-09-15
Age : 38
Location : Universe

so it was regarding on greg 1 whats the situation on greg 2 is it similar theory to greg 1

Sponsored content

Latest topics

GREG warrant convertion

1 GREG warrant convertion Tue Jan 10, 2012 9:07 am

HaPan

2 Re: GREG warrant convertion Tue Jan 10, 2012 9:14 am

amilaela

3 Re: GREG warrant convertion Tue Jan 10, 2012 9:28 am

hariesha

4 Re: GREG warrant convertion Tue Jan 10, 2012 9:53 am

swan03

5 Re: GREG warrant convertion Tue Jan 10, 2012 10:41 am

Chamara.i

6 Re: GREG warrant convertion Tue Jan 10, 2012 11:01 am

hariesha

7 Re: GREG warrant convertion Tue Jan 10, 2012 11:16 am

Chamara.i

8 Re: GREG warrant convertion Tue Jan 10, 2012 4:20 pm

Universalgoal

9 Re: GREG warrant convertion

Sponsored content