@troy wrote:hareisha, whats your opinion on reef w.???
I hope this is the most safe w out of the lot.
REEF.W19, JKH.W22, JKH.W23 will definitely convert in to shares. Because those companies are in need of money. Even REEF.W18 got converted into shares (Related companies subscribed though ordinary holders declined). Another point major shareholders also purchased warrants from the market few years back and they didn't dispose those in last rally s.
I think it will steadily move up before a major rally.
CLPL.W13 why it should get converted in to shares?
1. If we buy into JANAs minimum float argument retailers have to subscribe. To convince retailers CLPL.N should moved to Rs.140/- level. @ 120 level retailers will not subscribe.
2. Will major shareholders let their holding to dilute, specially in this important period before a XXXXX?
CLPL along with other GREG group shares will rock the market in next 12 months. But not for Janas theory.