possible scenario...
1. CLPL.N is a very illiquid stock.. last one month only 431000 shares traded between 67/= to 75/= ... I beleive its a suspicious transaction. in this market situation CLPL.N still low price.... mostly traded @ 120/= level ... it is good price to pick @ 70/= level..
2. CLPL.W13 only has one week more to trade... then expire the one... actually its says 4th of August but W13 can't be trade after 1st of August because 2nd and 3rd are sat , sun . so next week friday is the last day for its trading...
So tehy can try to push up N and try to make success of W13 before that.
why they want to success this w13..
1.easily they can come out from minimum float rule,...
2. GREG hold CLPL more than 95% so they can increase the GREG Book value.. then GREG.W6 also possible to make success..
3.they need money ..recently they acquire the south asia textiles..so they need to sucess of W13
how they can play with this ...
1. they can push up before cut off date and dump their W13 to any other related party ...if it is like that then CLPL.N fly within week more than 120/=
2. they can dump their W13 to any other related party and wait up to cut off date then they can push up this N before end of 24th of august (payment date) and help to that party to convert as they promise them... if it is like that then who has big qty (now)of W13 they can't pay because poor investor (every one can grab W13 @0.50cts but who can pay 118/= for 100 000 or 500 000)
so any how CLPL.N is good for trading now....
even if it is not happen any thing... no worries CLPL.N not that much of risk shares at this level....
But don't buy the W13 ... if you have sell some and keep some with high risk....
any think can happen ... wait and see...