| Latest Forum Topics / MM2 Asia Last:0.003 -- |
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MM2 Asia [1B0.si]
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bobby90
Senior |
31-Mar-2021 14:32
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That is provided mother share price don drop below the current 0.007+exercise right price that you will make such profit..correct?
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Justdoit88
Member |
31-Mar-2021 14:30
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Rights must be covered on the same day right? Since there is no pool to cover their shorting.
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Eyxm86
Member |
31-Mar-2021 14:30
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How is the rights calculated to mother shares? Or where to find such infos?
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ThankYou
Supreme |
31-Mar-2021 14:28
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Mr Mak, maybe later the rights price will reverse again! Who are the ones who have thrown down the huge chunks of rights? Yes shortsellers! They earned a lot these 3 days already. if I hold mother shares, I will sell mother shares and buy rights shares. Immediate profit. example, sell 3M at 58 mother, buy at 7 son, straight away 12k profit guaranteed!
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makdatok
Supreme |
31-Mar-2021 14:12
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Maybe tmr big banks n institiutions might buy R in bulk...5 pips discount are massive for them | ||||
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Eyxm86
Member |
31-Mar-2021 14:12
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Oh, it's like warrant? So whats the exchange rate to mother shares? Now mother share price is quite high. Is it worth it?
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makdatok
Supreme |
31-Mar-2021 14:06
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Its the date to determine who own the R eventually..With that they must exercise them with the amount they hv
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Blowyouoff
Veteran |
31-Mar-2021 14:05
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Bro, these are rights and aren' t shared.. renounceable right. The ' rights' to convert to share by exercising and paying 0.047 per piece. this window period from 24 mar to 1st Apr is given to holders of these rights to sell/trade them 
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Eyxm86
Member |
31-Mar-2021 14:00
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Lol, I mean why it will stop trading and what will happen to the shares? Sorry, new to this.
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tankoksee
Supreme |
31-Mar-2021 13:59
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coming liao..
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Justdoit88
Member |
31-Mar-2021 13:58
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Yes, agree. Look like there are still buyers who are buying the rights to convert.
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Keppellongist
Senior |
31-Mar-2021 13:57
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I do think so.. Wanted to buy rights at the lowest possible.. Haha
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makdatok
Supreme |
31-Mar-2021 13:55
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Tomorrow
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Goodgoing
Master |
31-Mar-2021 13:54
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Some ppl dun want to use the Right, or no money to convert. So just sell both mother and Right. Tomorrow is last trading day for right, if u want to buy R now, make sure u prepare money to execute Right. Long term this is still good counter. | ||||
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Eyxm86
Member |
31-Mar-2021 13:53
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May I know why will it stop trading
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Keppellongist
Senior |
31-Mar-2021 13:22
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Really? I will wait then..
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makdatok
Supreme |
31-Mar-2021 13:11
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R cld go to 2..Il migh get some there | ||||
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Keppellongist
Senior |
31-Mar-2021 12:32
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Thanks
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Blowyouoff
Veteran |
31-Mar-2021 11:54
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You might be right. Received this in the past 1)  SGX will perform buying-in for your account on Due Date and Due Date +1 in the Buy-in market.  ·   If buying-in is unsuccessful, penalty of 5% of the value of the failed trade subject to a minimum of S$1,000 will be imposed.  ·   If buying-in is unsuccessful by Due Date +1, procurement will commence from Due Date +2 and Due Date + 3.  ·   If procurement fails, cash settlement will take place.
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Blowyouoff
Veteran |
31-Mar-2021 11:52
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Tomorrow 
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