GREG warrant convertion

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

HaPan

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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

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greg 24 eida

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

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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

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

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

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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

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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

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Thanks for the explanation Hariesha.. Smile

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

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

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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