Some brokers advice poor Retailers@Eugine Fernando wrote:MOST OF THE RIGHTS WERE TRADED ABOVE 40/= THEN WHO BOUGHT THAT?@ruwan326 wrote:@ruwan326 wrote:Lets say you got XR day one Kazoo@ 1200/=@Eugine Fernando wrote:SOME THING FUNNY HAPPENING, FIRST DAY ( 13th) AT THE BEGINING THEY BOUGHT IT DOWN TO 11/- AND THEN PUSSED IT TO 54/= SECOUND DAY (14th) THEY COLLECTED @ 42/= LEVEL, THIRD DAY (15th) THE BOUGHT IT DOWN TO 20/10 AND CLOSSED IT @ 22/90, only 529,080 rights were listed with CSD. I thing for last three days more than 500,000 rights were traded., WHAT THEY WILL DO TODAY? ANY IDEA?@ruwan326 wrote:@Eugine Fernando wrote:AT PRESENT THE MAIN SHARE TRADING @ 750/- LEVEL, SO THERE IS A DISCOUNT OF (750/- - 520/-) 230/- I THINK THERE WILL BE ONLY ABOUT 400,000 RIGHTS FOR TRADING, MY PREDICTION RIGHT SHOULD TRADE OVER 100/-,,,, WHAT IS YOURS?
Major share holders never entered Rights trading.
Most probably they will crash it to 10/= or 8/= on Tuesday.
Do not wait till 20th
you get free 60 rights
You have to pay 532.00+ (final right price*60)*60 = 31930.00 +(final right price*60) to get that 60Rights
I do not think Retailers can pay that much of a amount
Last day you need to sell all to survive
Well,we need to ask Wisdom79 what happen to 3figure number??????
May be he was there in the board meeting and he might know what will be the plan.
So please enlighten us Wisdom 79
If you wait till the end you can see the clear picture...
But that time it is too late