WAPO - RIGHTS

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

samank

Stock Analytic

Posts : 14
Equity Stars : 3695
Reputation : 3
Join date : 2011-02-15

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 ?.

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

TelesHope

Senior Equity Analytic

Posts : 75
Equity Stars : 3778
Reputation : 8
Join date : 2011-01-31

@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

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

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

samank

Stock Analytic

Posts : 14
Equity Stars : 3695
Reputation : 3
Join date : 2011-02-15

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

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

TelesHope

Senior Equity Analytic

Posts : 75
Equity Stars : 3778
Reputation : 8
Join date : 2011-01-31

@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...

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

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

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

Fresher

Moderator

Posts : 1498
Equity Stars : 6352
Reputation : 163
Join date : 2011-02-04

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.

Sponsored content

Latest topics

WAPO - RIGHTS

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

samank

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

TelesHope

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

samank

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

TelesHope

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

Fresher

6 Re: WAPO - RIGHTS

Sponsored content