REEF.N crossing at 35/=. Why?

dineshfernando · 1 REEF.N crossing at 35/=. Why? Fri Dec 07, 2012 3:18 pm

dineshfernando

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There was a crossing of REEF.N. at Rs.35/= per share when the market price is Rs. 25/=.

Any government institution overpaid for this like in NSB deal?

sanju351 · 2 Dont sell CITK/CITW/REEF/REEFW19 Fri Dec 07, 2012 5:23 pm

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dineshfernando wrote:There was a crossing of REEF.N. at Rs.35/= per share when the market price is Rs. 25/=.

Any government institution overpaid for this like in NSB deal?

May be a related party transaction to get some money for the expected run of CITK/CITW.REEF/REEFW19 and hikkaduwa beach resort ...

Keep an eye and collect CITK/CITW/REEFW19 @ CURRENT PRICES IF POSSIBLE .

I tried but expected quantifies not sold sellers are not there now for low prices ..

sureshot · 3 Re: REEF.N crossing at 35/=. Why? Fri Dec 07, 2012 6:26 pm

sureshot

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i am keeping my both eyes for a long time on CITK Shocked

sanju351 · 4 Re: REEF.N crossing at 35/=. Why? Fri Dec 07, 2012 6:47 pm

sanju351

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sureshot wrote:i am keeping my both eyes for a long time on CITK

Think ..
When HIKKADUWA comes to CSE next week for sure it will go beyond 20 For many reasons ..
Then what will happen to RREF /REEF019/CITW/CITK

My guess is GOSL will move the market to end 2012 with a green note and a hope ..That run will start with HIKKA

Not a Buy or a Sell - Promo this what i think and gain or loose am collecting these these days ..

anges · 5 Re: REEF.N crossing at 35/=. Why? Fri Dec 07, 2012 6:54 pm

anges

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yes yes next week bull run ! till then all the ass's are running !lol lol!

traderathome · 6 Re: REEF.N crossing at 35/=. Why? Sat Dec 08, 2012 8:05 am

traderathome

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will test the lower channel support rs20 if a run does not take place imo Smile

sriranga · 7 10-Dec-2012 CITRUS LEISURE - DEALINGS BY DIRECTORS Mon Dec 10, 2012 3:25 pm

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Slstock · 8 Re: REEF.N crossing at 35/=. Why? Mon Dec 10, 2012 3:37 pm

Slstock

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Margin issue? Or due to converting warrants at Rs 30. Eitherway selling a large quantity doesn;t give a good message.

sriranga wrote:

smallville · 9 Re: REEF.N crossing at 35/=. Why? Mon Dec 10, 2012 4:22 pm

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I think Dee Jay can buy back using the warrants, so he may have thought to clear some debts first Laughing

seek · 10 Re: REEF.N crossing at 35/=. Why? Mon Dec 10, 2012 5:24 pm

seek

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Any idea of the buyer in this case?

seek · 11 Re: REEF.N crossing at 35/=. Why? Mon Dec 10, 2012 5:29 pm

seek

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Nimal Perera has already dispose it shares in REEF group. He only appears in REEF.W19 list with less quantities.

He may collect again when the time comes but I would like to see how VONE handle its REEF holding. If VONE is the buyer in this case.. hmm something to think.