Weird market situation

jayathu · 1 Weird market situation Tue Nov 15, 2016 2:36 pm

jayathu

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Very interesting to see what brokers will say in news about the market direction.

Any ideas why market is reacting this way? why heavy selling by JKH holders?

ruwan326 · 2 Re: Weird market situation Tue Nov 15, 2016 2:44 pm

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jayathu wrote:Very interesting to see what brokers will say in news about the market direction.

Any ideas why market is reacting this way? why heavy selling by JKH holders?

w0023 conversion Shocked

jayathu · 3 Re: Weird market situation Tue Nov 15, 2016 3:45 pm

jayathu

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No one will convert nw nah?? JKH W conversion rate is at 149.50. CMP is 148. Might as well buy it at cheaper rate from the market rather than converting your warrant at a higher rate.

samaritan · 4 Re: Weird market situation Tue Nov 15, 2016 4:16 pm

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jayathu wrote:Very interesting to see what brokers will say in news about the market direction.

Any ideas why market is reacting this way? why heavy selling by JKH holders?

Main thing is Don't Worry Be Happy! Weird market situation Icon_biggrin

https://www.youtube.com/watch?v=d-diB65scQU

Enjoy!

g@ii · 5 Re: Weird market situation Tue Nov 15, 2016 5:04 pm

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jayathu wrote:No one will convert nw nah?? JKH W conversion rate is at 149.50. CMP is 148. Might as well buy it at cheaper rate from the market rather than converting your warrant at a higher rate.

As per my knowledge warrants conversion expired on 11 November 2016. No one can convert those warrants from that date.

Eugine Fernando · 6 Re: Weird market situation Wed Nov 16, 2016 9:13 am

Eugine Fernando

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g@ii wrote:

jayathu wrote:No one will convert nw nah?? JKH W conversion rate is at 149.50. CMP is 148. Might as well buy it at cheaper rate from the market rather than converting your warrant at a higher rate.

As per my knowledge warrants conversion expired on 11 November 2016. No one can convert those warrants from that date.

In recent times warrants are acting on this manner, this will create a negative impact on investors in future on warrants. Smile