REEF Warrant 17

sapumal · 1 REEF Warrant 17 Wed Sep 28, 2011 10:26 am

sapumal

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I didn't had money and sold warrant 17 during last few days
Now I don't have any reef W17. Since I sold this can go up. LOL
Seems like Dilith's buying of more than 2Mn @34-35 is a fake buying

Last trading day is this friday
You have to pay 30 to convert a warrant

Normal share can push easily over 85. But this will put bellow 70 with some hard work.

Aro · 2 Re: REEF Warrant 17 Wed Sep 28, 2011 1:20 pm

Aro

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Sapumal >>> how much did you loose .... you had abt LKR 5Mn+ on this right??

anyway lets look @ the fun and games in the next two trading days

sapumal · 3 Re: REEF Warrant 17 Wed Sep 28, 2011 1:57 pm

sapumal

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1.8Mn lossed due to DJ
Hope SEC will compensate me when they catch DJ year after
This is too much. REEF,LHCL,HVA,PAP,PMB,AAIC,REEF or CLND
.....
SEC must at least warn DJ
But DJ is more powerful, cabinet ministers also said nothing about his corrups.
He was the designer for presidential campaign for MR and very close person of GR

sapumal · 4 Re: REEF Warrant 17 Wed Sep 28, 2011 2:05 pm

sapumal

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Also Rayannor
He bought the normal share well above 90
Just before first warrant conversion he sold 2Mn shares @80
මෙච්චර කල් තිබුන මිනිහට විකුනන්න. warrant conversion එක ලO උනාම තමයි මිනිහට විකුනන්න ඕනි උනේ.

Aro · 5 Re: REEF Warrant 17 Wed Sep 28, 2011 2:25 pm

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Warning or no warning these guys will do whateve they want .. no one will stop them and no one can ... but i feel really sorry for you.. i hope you have a fall back plan to recover your losses ... i know the feeling when you loose hard earned money

Gaja · 6 Re: REEF Warrant 17 Wed Sep 28, 2011 2:32 pm

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sapumal wrote:1.8Mn lossed due to DJ
Hope SEC will compensate me when they catch DJ year after
This is too much. REEF,LHCL,HVA,PAP,PMB,AAIC,REEF or CLND
.....
SEC must at least warn DJ
But DJ is more powerful, cabinet ministers also said nothing about his corrups.
He was the designer for presidential campaign for MR and very close person of GR

really sorry for the losses you incurred, if i comment further i will be look as a fool in this so why should i do?

sapumal · 7 Re: REEF Warrant 17 Wed Sep 28, 2011 2:52 pm

sapumal

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AAIC is the latest victim
SHL is the major holder with 95%
4% bought by DJ. Why we see lot of trading after 100% price rise and turnover is very high if two parties holding 99% ?
Lets see how much he hold from next report

SLinvestor_ · 8 Re: REEF Warrant 17 Wed Sep 28, 2011 3:34 pm

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Please can you guys guess the price after warrant conversion ??

enslive · 9 Re: REEF Warrant 17 Wed Sep 28, 2011 5:04 pm

enslive

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SLinvestor_ wrote:Please can you guys guess the price after warrant conversion ??

Theoretically , 55

But actual case always little above the theoretical price Wink

intelstk · 10 Re: REEF Warrant 17 Wed Sep 28, 2011 11:03 pm

intelstk

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normal share price is adjusted automatically after wareent conversion like right issue???

Chinwi · 11 Re: REEF Warrant 17 Thu Sep 29, 2011 3:32 pm

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What I wanted to know is whether everybody can and will pay money for the conversion or not.
I mean if REEF get the inflow they planned by this warrant then we can draw a plan for the next warrant.

Slstock · 12 Re: REEF Warrant 17 Thu Sep 29, 2011 3:37 pm

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Chinwi wrote:What I wanted to know is whether everybody can and will pay money for the conversion or not.
I mean if REEF get the inflow they planned by this warrant then we can draw a plan for the next warrant.

Sorry about your loss Sapumal.

Chinwi,
Very good point. Let see how market reacts to REEF warrant subcription

sapumal · 13 Re: REEF Warrant 17 Thu Sep 29, 2011 5:07 pm

sapumal

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Tomorrow is the last trading date for Reef W17. Will Divasa do announcement about how much they steal during last few weeks ?

cse.profit · 14 Re: REEF Warrant 17 Thu Sep 29, 2011 11:04 pm

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@sapumal - BROTHER i am really sorry to hear about your losses. You have been an active member in this forum and and i am pretty sure you will be able to cover up your losses. by the way what was your capital investment 5million is it. Never give up brother. I have been in the same boat lot of time and it is just a matter of time. and don't get that emotion when you trade with reef again.I mean with this experience you will play the game better next time.all the very best