Those selling mother shares after ex date will automatically entitled OR, pls don't get confused, usually the seller will use the sale money to buy more OR and subscribe to RI and automatically get more free warrants..
Like those people sold the mother shares today after ex date will still get free OR tomorrow and he can subscribe for RI for 0.10 and automatically get the free warrants..
Once OR listed tomorrow, more people will start selling mother, prices may go down to 0.11 because people wanted to buy OR at 0.005 to 0.01 to get maximum profit.. Beware
think , when u sell now , and your purchase OR And RI . You think the price will fall ? dont be crazy my friend ... prie cant go below 0.110. if goes below , no body will buy their share ...
Don’t worry, A lot of people trapped at RM0.20 above, we’re not just a trader turning into an investor at this counter. This will get back to RM0.50 in 2-3 months
Look at Fintec, before RI, it was 0.175, now with OR, mother share only selling at 0.11, dropping too much, I am afraid this will happen to Gocean, when OR listed from tomorrow, mother shares will drop to 0.11..
Tomorrow when OR listed, the big buyers will not allow mother to go up only going down, so that they can buy OR at 0.005 or 0.01, this is what happens to Fintec...
@justinyeoh Normally its never straight fwd game. Those retailer who thought need to wait OR in their CDS might rush to cash mom share to exercise their RI n free warrant. Those want free money..just sell OR. Might lot of fish in t sea.. Buyer may also buy thru excess..
agree too ... but like for me i guess would be the best to hold , as now the CPO is year high and 4dec is thier AGM , so good news might happen .. as they would like to get more investor in to their shares , rather then just trader.
it looks like i am lost again. just noticed that i have 100k units of GOCEAN- OR now, probably because i have 50k of mother share. any suggestion what should i do with OR? just sell it?
OR done 0.01 as big Operators is pushing down the price of mother shares to 0.11, yesterday people could have sold their mother shares for 0.13 and 0.125 easily but some one don't believe... Good luck..
Even though OR price at 0.01, but mother shares is strong support at 0.115 and open at 0.12, is good sign for OR to go up later, not today because a lot I'd people do not want to subscribe for RI..
Do we need to do anything if wanna keep both mother share and OR?
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Posted by Moneyfind44 > 2020-12-02 14:32 | Report Abuse
U sell today u will not entitle for or