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FINANCIAL CHRONICLE™ » FINANCIAL CHRONICLE™ » WAPO - RIGHTS

WAPO - RIGHTS

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1WAPO - RIGHTS Empty WAPO - RIGHTS Sat Mar 26, 2011 11:38 am

samank


Stock Analytic
Stock Analytic
After the 75 : 2 Rights issue , if i had 100 Shares , i can buy 3750 Rights. If i request more what will happen ?. Can we sell those @ WAPO.N share Rate ?.

If Company issue rights , we have to buy i think . Other vise risk in rocover our cost. Can Expert advise me in this regards ?.

2WAPO - RIGHTS Empty Re: WAPO - RIGHTS Sat Mar 26, 2011 12:09 pm

TelesHope

TelesHope
Senior Equity Analytic
Senior Equity Analytic
@samank wrote:After the 75 : 2 Rights issue , if i had 100 Shares , i can buy 3750 Rights. If i request more what will happen ?. Can we sell those @ WAPO.N share Rate ?.

If Company issue rights , we have to buy i think . Other vise risk in rocover our cost. Can Expert advise me in this regards ?.

Buddy what are you talking?? Where have you been so far??? Weekend hangover???? drunken drunken drunken drunken drunken lol! lol!

PS: Without opening a new thread, you better go through this site and find out about WAPO...GOOD LUCK !!!

3WAPO - RIGHTS Empty Re: WAPO - RIGHTS Sat Mar 26, 2011 12:49 pm

samank


Stock Analytic
Stock Analytic
Alreddy go through before and i did't find answers for two qus i ask ,One of my friend buy Rights which not entitle and the monies diducted from his CDS Account , but rights not received to him. So, monies goes to where ?. CSE , Brocker or WAPO ?.

TelesHope : Thanks for your Valuble advise and soory for desturb you... Wink

4WAPO - RIGHTS Empty Re: WAPO - RIGHTS Sat Mar 26, 2011 2:37 pm

TelesHope

TelesHope
Senior Equity Analytic
Senior Equity Analytic
@samank wrote:Alreddy go through before and i did't find answers for two qus i ask ,One of my friend buy Rights which not entitle and the monies diducted from his CDS Account , but rights not received to him. So, monies goes to where ?. CSE , Brocker or WAPO ?.

TelesHope : Thanks for your Valuble advise and soory for desturb you... Wink

I did't get your question correct....but I guess you didn't pay your broker to convert your rights to share...

Remember WAPO-R is not a share but it is a right to purchase a normal share. If you buy the rights from the market, you have to pay (I guess 20 odd per right in case of WAPO) your broker before or on the last day of payment acceptance...If you don't pay, you will loose your right to purchase the share..... Embarassed Embarassed

Anyway, you better contact your broker and clarify....

5WAPO - RIGHTS Empty Re: WAPO - RIGHTS Sun Mar 27, 2011 7:01 am

Fresher


Moderator
Moderator
yea ur question is not clear bt i think i too get it as that u / ur frnd didn't pay to convert to shares.
u will find examples of such sad scenarios in the forum.

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