SMLL After Rights and Warrants

Hiru · 1 SMLL After Rights and Warrants Wed Jun 08, 2011 11:09 am

Hiru

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Is the current price(45-48) reasonable considering the warrants to be listed? I am not sure how to factor the effect of warrants in the current price even though Theoretical Ex Right Price would be around Rs 63.

uanuradha · 2 Warrants Wed Jun 08, 2011 12:18 pm

uanuradha

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How can I trade Warrants when listed? It is going to listed on 10th June.
http://www.cse.lk/cmt/upload_cse_announcements/761307509660_.pdf

Hiru · 3 Re: SMLL After Rights and Warrants Wed Jun 08, 2011 12:58 pm

Hiru

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uanuradha wrote:How can I trade Warrants when listed? It is going to listed on 10th June.
http://www.cse.lk/cmt/upload_cse_announcements/761307509660_.pdf

They appear on your account and you can sell as like as shares.

Rajitha · 4 Re: SMLL After Rights and Warrants Wed Jun 08, 2011 2:49 pm

Rajitha

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Did any one received any SMLL additional shares? I applied for 1000 and have not received even single share as I can see so far!

uanuradha · 5 Re: SMLL After Rights and Warrants Wed Jun 08, 2011 2:56 pm

uanuradha

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Rajitha wrote:Did any one received any SMLL additional shares? I applied for 1000 and have not received even single share as I can see so far!

Additional shares mean Right shares, no I didn't receive it either.

SL.Market · 6 Re: SMLL After Rights and Warrants Wed Jun 08, 2011 4:24 pm

SL.Market

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I m surprising people are selling smill below 45..

Happy trading

pushpakumara · 7 Re: SMLL After Rights and Warrants Wed Jun 08, 2011 8:27 pm

pushpakumara

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I sold my entitlement of rights and did not pay for rights. Am I still entitle for warrants.

I have bought some shares of SMLL @55.10 few days ago after the right issue. I checked my account a while ago and showed that market price is greater than the average price. Is it something do with Warrants or some other error?

SL.Market · 8 Re: SMLL After Rights and Warrants Thu Jun 09, 2011 9:11 am

SL.Market

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pushpakumara wrote:I sold my entitlement of rights and did not pay for rights. Am I still entitle for warrants.

I have bought some shares of SMLL @55.10 few days ago after the right issue. I checked my account a while ago and showed that market price is greater than the average price. Is it something do with Warrants or some other error?

If you not paid for right , you will not get any warrants.

I dont know why you bought smill at 55.1 even that is worth that level and there is more opportunities to buy below 50.
you can now enter at 45 level and avarege.
dont warry future you will win..\
Happy trading

pushpakumara · 9 Re: SMLL After Rights and Warrants Thu Jun 09, 2011 9:50 am

pushpakumara

Senior Manager - Equity Analytics

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SL.Market wrote:

pushpakumara wrote:I sold my entitlement of rights and did not pay for rights. Am I still entitle for warrants.

I have bought some shares of SMLL @55.10 few days ago after the right issue. I checked my account a while ago and showed that market price is greater than the average price. Is it something do with Warrants or some other error?

If you not paid for right , you will not get any warrants.

I dont know why you bought smill at 55.1 even that is worth that level and there is more opportunities to buy below 50.
you can now enter at 45 level and avarege.
dont warry future you will win..\
Happy trading

Thanks SL Trading, Happy trading for you too1

Thanks