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Yes. True.madukp wrote:The rumor was Nalthaniel Rothschild visits, anyone could confirm this news?
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sira_boy wrote:Yes. True.madukp wrote:The rumor was Nalthaniel Rothschild visits, anyone could confirm this news?
Billionaire investor Nathaniel Rothschild paid a visit to Sierra Cables PLC on Friday the 15th of January to discuss possible business collaboration.
The British-born financier and a member of the Rothschild family, who is on a business visit to Sri Lanka was welcomed at Sierra Cables factory and office premises in Athurugiriya by Executive Director, D.S. Panditha and Chief Executive Officer, Harsha Jayatunga.
Rothschild is the Chairman and largest shareholder of Volex PLC, a leading integrated manufacturing specialist for performance-critical applications and power products. Popularly known as Nat, Rothschild is based in Switzerland is the scion of the famous Rothschild banking dynasty.
Rothschild during his visit met several Sri Lankan political and business leaders and also visited the Port City in Colombo. (NewsWire)
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Love Boy wrote:https://www.youtube.com/watch?v=1Zj8fTuyfVQ
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sandamal wrote:එකපාර උඩ ගිහිල්ල බිම වැටුන නේ
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Can someone explain this ? I'm new to the market. What happen if we have SIRA.N shares ?thankrishan wrote:In terms of Rule 7 of the CSE ATS Rules (All or None Blocks) a sell order has been placed today (21st January 2021) for 55,000,000 shares of SIRA.N0000 at a minimum sale price of Rs. 10.50 as an All or None (AON) Block on the ATS. The duration of the order will be 3 market days (including today) and the AON Auction Execution will take place on 25th January 2021 in terms of the ATS Rules.
shihan 93 wrote:Only company have 55M shares, And we all can guess who going to buy
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?sira_boy wrote:Can someone explain this ? I'm new to the market. What happen if we have SIRA.N shares ?thankrishan wrote:In terms of Rule 7 of the CSE ATS Rules (All or None Blocks) a sell order has been placed today (21st January 2021) for 55,000,000 shares of SIRA.N0000 at a minimum sale price of Rs. 10.50 as an All or None (AON) Block on the ATS. The duration of the order will be 3 market days (including today) and the AON Auction Execution will take place on 25th January 2021 in terms of the ATS Rules.
sira_boy wrote:?sira_boy wrote:Can someone explain this ? I'm new to the market. What happen if we have SIRA.N shares ?thankrishan wrote:In terms of Rule 7 of the CSE ATS Rules (All or None Blocks) a sell order has been placed today (21st January 2021) for 55,000,000 shares of SIRA.N0000 at a minimum sale price of Rs. 10.50 as an All or None (AON) Block on the ATS. The duration of the order will be 3 market days (including today) and the AON Auction Execution will take place on 25th January 2021 in terms of the ATS Rules.
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Thanks bro !hammurabi wrote:sira_boy wrote:?sira_boy wrote:Can someone explain this ? I'm new to the market. What happen if we have SIRA.N shares ?thankrishan wrote:In terms of Rule 7 of the CSE ATS Rules (All or None Blocks) a sell order has been placed today (21st January 2021) for 55,000,000 shares of SIRA.N0000 at a minimum sale price of Rs. 10.50 as an All or None (AON) Block on the ATS. The duration of the order will be 3 market days (including today) and the AON Auction Execution will take place on 25th January 2021 in terms of the ATS Rules.
That means the sale will take place with a minimum price of 10.50. It will goto the highest bidder. It can be 12,13 or even 20 as well. A bigger investor will have his hands on it. As of today the base price is confirmed at 10.50. On 25th the destiny will be decided. Could be a jackpot for holders as well. Lets wait and see.
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