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Year of conversion of Reef.W0018 and 19

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1Year of conversion of Reef.W0018 and 19   Empty Year of conversion of Reef.W0018 and 19 Sun Feb 05, 2012 11:25 am

arjunaedirisinghe


Equity Analytic
Equity Analytic

Can anyone tell me the year of conversion of Reef.W0018 and 19 please

sapumal


Vice President - Equity Analytics
Vice President - Equity Analytics

W18 - June this year
W19 - It has lot of time. 3 year. No needs to worry

arjunaedirisinghe


Equity Analytic
Equity Analytic

sapumal wrote:W18 - June this year
W19 - It has lot of time. 3 year. No needs to worry

Thanks a lot for ur quick respond macho. I have 32,500 warrants of 19 at an average cost of 18/ i will hold it

sapumal


Vice President - Equity Analytics
Vice President - Equity Analytics

deleted
If you want to know exact days refer REEF annual report

2011_NewComer

2011_NewComer
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Warrant conversion dates (from capital trust)

Attachments
Year of conversion of Reef.W0018 and 19   AttachmentWarrants_Maturity_Update Jan25th.pdf
Warrants
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walapingana

walapingana
Equity Analytic
Equity Analytic

2011_NewComer wrote:Warrant conversion dates (from capital trust)


thanks

Kumar

Kumar
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

Please read this comment made by Chinwi in another thread.

Chinwi wrote:Warrants were one of the best things to play to earn lot .

With the arrival of this $.it warrants of GREG the value of this nice instrument was destroyed.

Before that NTB, CLND gave us good opportunity to gain from warrants.

For eg:
NTB was trading @ 35 and its W was trading between 5and 6 . Conversion price was 30/-
when N started shining, I took the risk of selling my all N @ 35 and bought its W @ 6.
After N started appreciation , W also climbed in the same gradient. Because
N - 30 = W. ( this is common for any warrant. If you identify this .....)

When N was nearing 100, W reached 60-65 ( 10 times of my buying price)
---
At present, this fear for Warrant created by GERG, is giving us an unexpected opportunity to collect some other Warrants at very good prices; if you are ready to take some risk.

In 2-3 years of time, I hope one W may give me similar fortune given by NTB W last year.



Thanks Chinwi.

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