| Latest Forum Topics / Ezion |
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SARS RELATED PLAYS..
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SAVIORFOREVER
Supreme |
02-Feb-2019 10:49
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Gong Xi Fa Cai
Trade with care |
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tonylim2
Veteran |
02-Feb-2019 10:01
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Asdew need some money so have no choice . Can take back whatever which was owed to them just take back , better than none . | ||||
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rockman88
Senior |
02-Feb-2019 09:42
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Logically, why would anyone convert at such a high price (abt 5x more ex?) when can get 0.052-0.054? If say they Super confident of the company, then just mop up all the shares in open market la. Cos if they so bullish, 5.6mil owed to them will be repaid sooner or later. So more likely Asdew already wrote the debt off previously, now just want to get some money back. BUT ... logic aside, we all know it&rsquo s what BBs want that counts .... Monday will be interesting. | ||||
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Shifu8888
Supreme |
02-Feb-2019 07:49
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Asdew was probably one of the bond holders that was involved in the restructuring. The amount owing was converted at $0.27plus. The marvel of which is that Asdew agreed to convert at such high price. Either they have no choice or they have the confidence of Ezion future. If the latter happens, asdew may be incentivise to load more to average their price (not sure?) if they are confident of Ezion. No matter what, to re enter at 0.053, I personally feel the price now is a steal. Will continue trading unless I see their results turn corners. Huat Arh! All the best. | ||||
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trademaster
Supreme |
02-Feb-2019 00:18
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I think so, from the price action since last week when 51 /52 was strongly supported. Today sell down cos of contra players cutting loss n people take advantage by shorting
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trademaster
Supreme |
02-Feb-2019 00:14
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Last time conversion and selling started around 10-12ct? Now it is half the price. Anyway, high chance to push up   for them to sell higher. 
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TeoMark
Veteran |
02-Feb-2019 00:13
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Every conversion exercise dillute the shares and further drive the price down. Unless the next few qtr shows some promising result as what dbs envision when their tp is .29. Who converted early will have more meat.
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TeoMark
Veteran |
02-Feb-2019 00:05
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There has been many that have exercised the conversion. Not only asdew. Since the conversion exercise, the price not reached .2 . Also Ezion has not turned to profit operationally. Why want to convert when the market now is lower than the excercise price. Maybe lack of confidence. | ||||
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kt3152
Supreme |
02-Feb-2019 00:05
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Not likely as 20m shares s not very large.
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trademaster
Supreme |
01-Feb-2019 22:58
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My view is someone will do a big push in share price, before they sell. 
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kt3152
Supreme |
01-Feb-2019 22:55
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I believe Asdew exercise the call option to settle the debt should be positive for ezon. | ||||
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tonylim2
Veteran |
01-Feb-2019 22:53
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If Asdew really in need of money , just have to sell to raise the  one Million $.
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trademaster
Supreme |
01-Feb-2019 22:43
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Ok so they already exercised at 0.27 and fully paid up at no cost. But 20 mil shares how to sell at such Low price just to get 1 mil base on 0.52?? They should wait till price pushed higher then sell to get the full amount so don&rsquo t make sense to sell now right??
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rockman88
Senior |
01-Feb-2019 22:12
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Aiyoh people already issuing shares Liao lah .... wake up wake up ... what exercise in the future?!
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rockman88
Senior |
01-Feb-2019 22:10
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Call option is an option to buy a share at the certain price lor. It was granted to the subscriber whom they owed $$ during the restructuring, now the subscriber exercised it at 0.2763. What u mean Ezion might as well give them shares worth 5.6mil? Why shd they have preferential treatment over bondholders a and other secured creditors?
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trademaster
Supreme |
01-Feb-2019 21:57
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Yep. So they can exercise the call option in future. Which means Ezion price expected to go above 0.27
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trademaster
Supreme |
01-Feb-2019 21:55
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Lol. Do u know what is call option? Then Ezion might as well give them Ezion shares worth 5.6 mil . Or better still give them put option at higher than market. 
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rockman88
Senior |
01-Feb-2019 21:54
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If got insider news then buy from the market lah ... why exercise option? 20 mil shares move 2-3 bids nia... 
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rockman88
Senior |
01-Feb-2019 21:50
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Cos Ezion owe them money, and they want to recover a portion of it? By exercising the options, they don&rsquo t have to come out single cent cos the amount is offset by the amount owed to them. They can then sell the 20mil in the market to recover some money. But the amount owed is $5.6mil leh ... the 20 mil shares based on today&rsquo s closing 0.052 only fetch $1mil+ ... hefty losses. Anyone got a better theory?
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Sweementian
Member |
01-Feb-2019 21:47
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The only reason I can think of is they have inside news that the share price will be more than $0.27. | ||||
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