| Latest Forum Topics / Shen Yao Last:0.002 -- |
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EZRA HOLDINGS - RED HOT NEWS
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Jajabing
Veteran |
16-Aug-2021 21:54
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Total 37 billion shares , if and after they convert everything... Wow... | ||||
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akasa888
Veteran |
16-Aug-2021 20:36
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I see this as a good sign Out of the $7 million bond issued, JMP converted $3 million to shares. That means JMP still got another $4 millions to convert.
And this was done before the release of the full year result
Why convert just before the result, could they know something of what is coming
From what I see the result cannot be bad because what Ballarat gold mine produces was quite consistent throughout the years.
The only variable is the trading, but this is just for only 3 months because they only started trading 3 months ago
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surgiooo
Member |
16-Aug-2021 19:40
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ISSUE OF 10% REDEEMABLE CONVERTIBLE BONDS DUE 2022 OF AN AGGREGATE PRINCIPAL AMOUNT OF UP TO S$10,000,000, COMPRISING TEN (10) TRANCHES WITH A PRINCIPAL AMOUNT OF S$1,000,000 FOR EACH TRANCHE OF SUCH BONDS (&ldquo PROPOSED ISSUANCE&rdquo ) - ISSUE OF CONVERSION SHARES AND CANCELLATION OF BONDS PURSUANT TO CONVERSION Unless otherwise defined, all capitalised terms used in this announcement shall bear the same meanings as ascribed to them in the announcements of Shen Yao Holdings Limited (formerly known as LionGold Corp Ltd.) (the " Company" ) on 3 December 2020, 31 December 2020 and 7 July 2021. The board of Directors (the &ldquo Board&rdquo ) of the Company wishes to announce the following: 1. Conversion and Cancellation of Bonds, and Issue of Conversion Shares The Bondholder has on 16 August 2021 opted to exercise its right to convert, and the Company has accordingly cancelled, S$3,000,000 in aggregate principal amount of the Bonds, in accordance with the terms and conditions of the Bonds (&ldquo First Conversion&rdquo ). Pursuant to the First Conversion, the Company has on 16 August 2021 issued and allotted 1,000,000,000 Conversion Shares to the Bondholder at a Conversion Price of S$0.003 per Share. The Conversion Shares will rank pari passu in all respects with the existing Shares of the Company. The Conversion Shares are expected to be listed and quoted on the Catalist Board of the SGX-ST on or about 18 August 2021. 2. Principal Amount of Bonds Outstanding and Resultant Share Capital of the Company Immediately before the First Conversion, an aggregate of S$7,000,000 in principal amount of the Bonds had been issued to the Subscriber raising net proceeds of approximately S$6,950,000. Please refer to the Company&rsquo s announcement dated 7 July 2021 for information on the use of proceeds. Following the allotment and issue of the Conversion Shares, the aggregate principal amount of Bonds that remains outstanding as of 16 August 2021 is S$4,000,000, and the issued and paid-up share capital of the Company has increased from 1 S$3,270,620.61 comprising 32,706,206,055 Shares to S$6,270,620.61 comprising 33,706,206,055 Shares. Shareholders should note that the AIP granted by the SGX-ST is not to be taken as an indication of the merits of the Proposed Issuance, the Bonds, the Conversion Shares, the Company and/or its subsidiaries. BY ORDER OF THE BOARD Yao Liang Executive Director 16 August 2021 This announcement has |
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CheongArgh
Master |
16-Aug-2021 17:38
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Trade with caution. Most penny counters are down.....even those with good results..... | ||||
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Andrew123
Master |
16-Aug-2021 16:18
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yes, agreed. dont waste time on the mentioned counters.
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black_white
Master |
16-Aug-2021 16:10
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dancing cha-cha first before any significant move :D | ||||
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black_white
Master |
16-Aug-2021 11:51
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Those who bought Abundance, Vicplas and Aspen should just dump those stocks and focus here. Those counters already played on investor emotions to earn so much repeatedly with same old tricks. At least this counter has been stable and moved along with market sentiments (e.g. when Phase 2 HA kicked in, it dropped when sentiments are good broadly or for the company, it rose). At least this counter is moving logically with much less risks - There is more to gain than to lose. | ||||
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black_white
Master |
15-Aug-2021 21:07
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I wish they will release as late as possible, until everyone else released liao..... so those with money and want to see action will come here. haha
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spursfan
Supreme |
15-Aug-2021 14:48
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Full year results can announce within 60 Days. Last year full year results was announced on 28 Aug.
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Thi654321ABCDEF
Master |
15-Aug-2021 13:29
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Today is 15 , still no release of results !!!!!!!!!!!! | ||||
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ThankYou
Supreme |
13-Aug-2021 22:43
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Until someone answers the bell?
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Thi654321ABCDEF
Master |
13-Aug-2021 20:23
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no first wave , where got 2nd wave , ding dong bell only.
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Tele1727
Veteran |
13-Aug-2021 14:52
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Wow keep ding dong ding dong endlessly. 
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ThankYou
Supreme |
13-Aug-2021 12:50
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That means 3 cents coming! Congrats everyone holding on to SY!
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akasa888
Veteran |
13-Aug-2021 12:17
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SY market capitalisation is about $200 million
To be credible as a hedge fund and to attract the billion of Chinese dollars in investment,
SY needs to be in the billion dollar league of company and Mr Yao know this
I have faith that he can do it.
Common sense tells you that a hedge fund cannot be trading at less than a cent.
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black_white
Master |
13-Aug-2021 11:00
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Volume not high and it is almost half day. This Chng Gey is hard to grasp what they/he/she is trying to do. | ||||
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black_white
Master |
13-Aug-2021 09:11
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No second wave. Sideway trade 5/6 to 6/7 to persist. Watch for high volume as signals and not price.
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mrwise
Supreme |
13-Aug-2021 07:40
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Yes...power up!!!
Getting ready!! |
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ThankYou
Supreme |
13-Aug-2021 07:33
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Expecting a second wave today since good news are expected from Shen Yao.
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ThankYou
Supreme |
12-Aug-2021 22:28
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Beginning of the first wave...
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