ASCO.R 50.00 ASCO.N 51.20 ?

Mr.GP · 1 ASCO.R 50.00 ASCO.N 51.20 ? Tue Jan 27, 2015 11:45 am

Mr.GP

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What is the sense here ! any one pls Explain the fundamental here !

EquityChamp · 2 Re: ASCO.R 50.00 ASCO.N 51.20 ? Wed Jan 28, 2015 5:35 pm

EquityChamp

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This is called market insane. Casino kiyanne mewata thamai. Ayyo salli. Razz

buddhika.naween · 3 Re: ASCO.R 50.00 ASCO.N 51.20 ? Wed Jan 28, 2015 7:09 pm

buddhika.naween

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rights are coming with attached warrants
If you subscribe 4 rights you will get a 1 warrants.
exercise price of the warrant is 25 rps
thats why they buy rights.. Very Happy

I think you got the answer "Mr.GP/EquityChamp"

EquityChamp · 4 Re: ASCO.R 50.00 ASCO.N 51.20 ? Thu Jan 29, 2015 12:29 pm

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buddhika.naween wrote:rights are coming with attached warrants
If you subscribe 4 rights you will get a 1 warrants.
exercise price of the warrant is 25 rps
thats why they buy rights..
I think you got the answer "Mr.GP/EquityChamp"

Fine rights will come, warrents too will come but still rights can't be @ this price. This is manipulated simply because supply in the market is too small.

On the valuation side all these warrents and rights will dialute the EPS and NAV further, still the negative EPS. No improvement so in reality exrights price of ASCO to be 57.5 and so thr right can't worth more than 45. Shocked