| Latest Forum Topics / MM2 Asia Last:0.003 -- |
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MM2 Asia [1B0.si]
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Blowyouoff
Veteran |
29-Mar-2021 09:40
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Sorry but I have to disagree bro...  MM2 has been dropping since pre-COVID.. doubt opening of cinema will help much.
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makdatok
Supreme |
29-Mar-2021 09:40
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Maybe,maybe not..added at 16 oso
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look@bright
Elite |
29-Mar-2021 09:19
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see the SGX annoucement at 3pm if got any buy in
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ThankYou
Supreme |
29-Mar-2021 09:18
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Maybe got a lot of short sellers? From the way I see it, it is not down all the way means got support. So later afternoon got short squeeze?
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SmallSmall
Supreme |
29-Mar-2021 09:17
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Just buy and subscribe and you should be rewarded :)
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ThankYou
Supreme |
29-Mar-2021 09:15
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Are you converting the rights shares Mr Mak? This share I think can go from 7 cents to 15 cents once cinemas all open.
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look@bright
Elite |
29-Mar-2021 09:15
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so roller coaster  | ||||
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Blowyouoff
Veteran |
29-Mar-2021 09:15
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Top up 0.047 to convert to the shares... at its current 0.018, it makes sense to buy the rights and convert at 0.047 because mother shares is trading at 0.073... 0.073 > 0.018+0.047... of course this assumes mother price remains above 0.065 when you receive your shares and able to trade the mother shares 
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makdatok
Supreme |
29-Mar-2021 09:12
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Entered R at 18 | ||||
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seemeyouhuat
Member |
29-Mar-2021 09:01
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so those who buy now at 0.021 and decide to keep them, means must top up the difference to 0.047?
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ThankYou
Supreme |
29-Mar-2021 08:54
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Any buy-in today bro smallsmall? | ||||
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Blowyouoff
Veteran |
29-Mar-2021 08:40
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Correct. You can buy and trade the rights   until 1st Apr You got to weigh between buying rights+exercising(0.047) those rights   versus buying the share at the   the market price to decide  at the current market price, 0.069 is almost equal to 0.021+0.047... thus not much difference. Both eventually should cost the same and the market will determin this. on 24 mar and 25 mar, there was a slight gap but gap has narrowed...
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seemeyouhuat
Member |
29-Mar-2021 08:33
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got it! means on top of my allocated rights share, i can also buy now and trade within these few days to profit right? anyway are you all subscribing? :)
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Blowyouoff
Veteran |
28-Mar-2021 23:26
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These are renounceable rights.. those who receive can sell them if they don' t intend to exercise  those who don' t own mother shares previously can buy the rights in open market either to exercise or simply to trade the rights 
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Blowyouoff
Veteran |
28-Mar-2021 23:17
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Bro, your right is worth 0.21 per piece now if you sell it. If you don' t sell it by 1st Apr, you have till 8th Apr to exercise and pay 0.47 per piece to convert them into mother shares.. if you hold the rights after 1st Apr and didn' t exercise them, your rights become worthless.... You need to pay 0.47/piece to convert(subscribe)
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ThankYou
Supreme |
28-Mar-2021 23:06
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Maybe they are like me, buy the rights for those who do not want to hold anymore shares. For example you can sell your rights to buy the shares so you get 2.1 cents back. Else you need to fork out 4.7 cents to get 1 share of MM2 Asia.
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seemeyouhuat
Member |
28-Mar-2021 22:39
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then why are people already " trading" rights shares at 0.021?
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ThankYou
Supreme |
28-Mar-2021 22:19
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It is the rights to purchase the shares at a certain price. Once you have paid the price, the paid rights becomes shares. That is what I understand.
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ThankYou
Supreme |
28-Mar-2021 22:16
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Yes! 
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seemeyouhuat
Member |
28-Mar-2021 21:31
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and what is nil paid rights? | ||||
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