I got GREG.W0002 AT 10/- TODAY

aero · 1 I got GREG.W0002 AT 10/- TODAY Fri Feb 03, 2012 12:22 pm

aero

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haa.. haa...
only 10 shares from ODD list..
cos I'm going to apply additional shares..

dow · 2 Re: I got GREG.W0002 AT 10/- TODAY Fri Feb 03, 2012 1:11 pm

dow

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what a funny.
do u think, will u get additional shares?

smallville · 3 Re: I got GREG.W0002 AT 10/- TODAY Fri Feb 03, 2012 1:29 pm

smallville

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When N is at 27, u can pay 30 more the get a 27 worth share Wink

he hee

Roboticfx · 4 Re: I got GREG.W0002 AT 10/- TODAY Fri Feb 03, 2012 1:53 pm

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You did a crazy thing. I'm not blaming you and I'm telling your the reality. it is quite difficult to sell shares in odd board and you need to pay special brokerage also. Usually share price in odd board is much lower than the normal board. After conversion your single share price will be 43. You need to apply large quantity of shares to average the price. I don't know how many percentage that they allow to apply. Anyway You have fallen into a trouble. Think and do the best thing to get out from it. Smile

Chinwi · 5 Re: I got GREG.W0002 AT 10/- TODAY Fri Feb 03, 2012 4:06 pm

Chinwi

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Clever.
You may win.
If you fail, you lose nothing. ( just 100 Rs.+ brokerage)
I am sure you may get a lot of additional shares and if they maintain N above conversion price (your cost =33) you win.
No one knows what will happen in 1 and half years time.

aero · 6 Re: I got GREG.W0002 AT 10/- TODAY Fri Feb 03, 2012 5:15 pm

aero

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Chinwi wrote:Clever.
You may win.
If you fail, you lose nothing. ( just 100 Rs.+ brokerage)
I am sure you may get a lot of additional shares and if they maintain N above conversion price (your cost =33) you win.
No one knows what will happen in 1 and half years time.

u are point Chinwi...
who though like this before the market close?
be smarter than others..

Market Sucker · 7 Re: I got GREG.W0002 AT 10/- TODAY Fri Feb 03, 2012 7:40 pm

Market Sucker

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there is always good strategies to cope with,im sure the morning buyers may have already sold at more than 100% profits within day.

sapumal · 8 Re: I got GREG.W0002 AT 10/- TODAY Fri Feb 03, 2012 8:32 pm

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smallville wrote:When N is at 27, u can pay 30 more the get a 27 worth share he hee

Seems like he is a big fish who want to buy more than 100,000 shares. Even he could find 100,000 normal share bellow 30 he is thinking if he bought that portion share will go up

mithila abeysekera · 9 Re: I got GREG.W0002 AT 10/- TODAY Sat Feb 04, 2012 8:00 am

mithila abeysekera

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time and time the market shows its resistance to sec rulez.... clearly on the last day... cse runs out of fundamentals.. pure manipulation and bull runs

TortoizePlus · 10 Re: I got GREG.W0002 AT 10/- TODAY Sat Feb 04, 2012 10:03 pm

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aero wrote:

Chinwi wrote:Clever.
You may win.
If you fail, you lose nothing. ( just 100 Rs.+ brokerage)
I am sure you may get a lot of additional shares and if they maintain N above conversion price (your cost =33) you win.
No one knows what will happen in 1 and half years time.

u are point Chinwi...
who though like this before the market close?
be smarter than others..

Agreed.... aero.. you did the right thing but instead buying 10 shares at 10/= from odd lot you could have bought 100 shares 1.50. There is nothing to loose.. Only 150/=.

As I replied to another similar post, the probability and the proportion of getting additional shares are less compared to other occations in GREG warrent convertion.

aero · 11 Re: I got GREG.W0002 AT 10/- TODAY Sat Feb 04, 2012 11:16 pm

aero

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TortoizePlus wrote:

aero wrote:

Chinwi wrote:Clever.
You may win.
If you fail, you lose nothing. ( just 100 Rs.+ brokerage)
I am sure you may get a lot of additional shares and if they maintain N above conversion price (your cost =33) you win.
No one knows what will happen in 1 and half years time.

u are point Chinwi...
who though like this before the market close?
be smarter than others..

Agreed.... aero.. you did the right thing but instead buying 10 shares at 10/= from odd lot you could have bought 100 shares 1.50. There is nothing to loose.. Only 150/=.

As I replied to another similar post, the probability and the proportion of getting additional shares are less compared to other occations in GREG warrent convertion.

I agree with u.but I got a clue in the morning.but that didn't happen till last minute.remember last time normal price 2.9/- if i got 100 shares,my cost 290/-
small correction I got 10 shares at 7.5/- not 10/-
so my cost 75/- plus
75/-<<290/-

Chinwi · 12 Re: I got GREG.W0002 AT 10/- TODAY Sun Feb 05, 2012 4:44 pm

Chinwi

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be smarter than others..

ha ha aero,

I was smarter than you , at least in this case Smile

I bought 4500 @ 1.50 and sold 4000 @ 2.50 next day (last day).
Got small income and now I have 500 warrants with zero cost with me.

I'm happy: I think the person who bought @ 2.50 sold them @ 3.50 few minutes later.

mark · 13 Re: I got GREG.W0002 AT 10/- TODAY Mon Feb 06, 2012 8:04 pm

mark

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Chinwi wrote:

be smarter than others..

ha ha aero,

I was smarter than you , at least in this case

I bought 4500 @ 1.50 and sold 4000 @ 2.50 next day (last day).
Got small income and now I have 500 warrants with zero cost with me.

I'm happy: I think the person who bought @ 2.50 sold them @ 3.50 few minutes later.

its all about RISK.....im sure you wont buy 100k of warrants at 1.50,bcz of fear......
its the game of feelings.

soileconomy · 14 Re: I got GREG.W0002 AT 10/- TODAY Mon Feb 06, 2012 8:21 pm

soileconomy

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I checked this ,according to my broker Additional Shares will not be permitted.

mark · 15 Re: I got GREG.W0002 AT 10/- TODAY Mon Feb 06, 2012 8:41 pm

mark

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soileconomy wrote:I checked this ,according to my broker Additional Shares will not be permitted.

if this is true,it will break many retailers hopes.. Idea

2011_NewComer · 16 Re: I got GREG.W0002 AT 10/- TODAY Mon Feb 06, 2012 9:08 pm

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soileconomy wrote:I checked this ,according to my broker Additional Shares will not be permitted.

What is the reason for that? They gave additional when converting W1, so why not when converting W2? Question

soileconomy · 17 Re: I got GREG.W0002 AT 10/- TODAY Tue Feb 07, 2012 6:01 am

soileconomy

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2011_NewComer wrote:

soileconomy wrote:I checked this ,according to my broker Additional Shares will not be permitted.

What is the reason for that? They gave additional when converting W1, so why not when converting W2?

.

He said that cannot be permitted due to legal reasons.But that is what my broker said.I tried to get a clear answer, but I couldn't.(from another source).

kelum · 18 Re: I got GREG.W0002 AT 10/- TODAY Tue Feb 07, 2012 6:25 am

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machan aero,i think you are lucky becouse may be next month you can sell "GREG W2" more than Rs.20 becouse of this "ela harak" in the sec.As i heard GREG company has already apeeled to sec to allow to W2 to sell in the market until 2013 september,sec big person has already approved it but thire (SEC) legel officers dont like it.I got this news from CT.If you know any broker at CT,you can confirm it.

sapumal · 19 Re: I got GREG.W0002 AT 10/- TODAY Tue Feb 07, 2012 12:26 pm

sapumal

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I think SEC should allowed as they allowed CLND

sapumal · 20 Re: I got GREG.W0002 AT 10/- TODAY Tue Feb 07, 2012 1:33 pm

sapumal

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CLND annual report 2009
page 47

The share options were allotted at Rs 1 per share options and market price as at that date was Rs 4.25.The shares resulting from the exchange, which at the expiry of the 5th year from the date of issue, will rank pari passu in all respects with the existing ordinary shares. At an extraordinary General Meeting held on 30 December 2009 the consent of the option holders were obtained to
postpone the exchange of share options to shares from 30 December, 2009 to 30 December, 2010.

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I got GREG.W0002 AT 10/- TODAY

1 I got GREG.W0002 AT 10/- TODAY Fri Feb 03, 2012 12:22 pm

aero

2 Re: I got GREG.W0002 AT 10/- TODAY Fri Feb 03, 2012 1:11 pm

dow

3 Re: I got GREG.W0002 AT 10/- TODAY Fri Feb 03, 2012 1:29 pm

smallville

4 Re: I got GREG.W0002 AT 10/- TODAY Fri Feb 03, 2012 1:53 pm

Roboticfx

5 Re: I got GREG.W0002 AT 10/- TODAY Fri Feb 03, 2012 4:06 pm

Chinwi

6 Re: I got GREG.W0002 AT 10/- TODAY Fri Feb 03, 2012 5:15 pm

aero

7 Re: I got GREG.W0002 AT 10/- TODAY Fri Feb 03, 2012 7:40 pm

Market Sucker

8 Re: I got GREG.W0002 AT 10/- TODAY Fri Feb 03, 2012 8:32 pm

sapumal

9 Re: I got GREG.W0002 AT 10/- TODAY Sat Feb 04, 2012 8:00 am

mithila abeysekera

10 Re: I got GREG.W0002 AT 10/- TODAY Sat Feb 04, 2012 10:03 pm

TortoizePlus

11 Re: I got GREG.W0002 AT 10/- TODAY Sat Feb 04, 2012 11:16 pm

aero

12 Re: I got GREG.W0002 AT 10/- TODAY Sun Feb 05, 2012 4:44 pm

Chinwi

13 Re: I got GREG.W0002 AT 10/- TODAY Mon Feb 06, 2012 8:04 pm

mark

14 Re: I got GREG.W0002 AT 10/- TODAY Mon Feb 06, 2012 8:21 pm

soileconomy

15 Re: I got GREG.W0002 AT 10/- TODAY Mon Feb 06, 2012 8:41 pm

mark

16 Re: I got GREG.W0002 AT 10/- TODAY Mon Feb 06, 2012 9:08 pm

2011_NewComer

17 Re: I got GREG.W0002 AT 10/- TODAY Tue Feb 07, 2012 6:01 am

soileconomy

18 Re: I got GREG.W0002 AT 10/- TODAY Tue Feb 07, 2012 6:25 am

kelum

19 Re: I got GREG.W0002 AT 10/- TODAY Tue Feb 07, 2012 12:26 pm

sapumal

20 Re: I got GREG.W0002 AT 10/- TODAY Tue Feb 07, 2012 1:33 pm

sapumal

21 Re: I got GREG.W0002 AT 10/- TODAY

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