I also mentioned regarding Buying Power (New SEC Rule) which is still not publish. It becomes reality when u sees ur portfolio and buying power (if u have debt only).
Plz Look at the Shares and Warrants Holding % by GREG
As at 29 June 2011 – CLPL.N0000 – 18,661,201 – 74.64%
As at 31 March 2011:
CLPL.W0012 – 9,205,851 - 73.65%
CLPL.W0014 – 18,411,702 - 73.65%
CLPL.W0015 – 18,411,702 - 73.65%
Source: http://www.cse.lk/cmt/upload_report_file/402_1306834594504.03.2011.pdf
If u saw the 31 March 2011 quarterly report no one had stake above 2%. Anybody interesting to take one of the Directors positions easy shot for him or her. It will impact to Management Decisions as well.
CLPL.W0012 conversion price of Rs.102 is not expenditure for that kind of investors. I don’t like to tell again what I heard, bcz it is a price sensitive info therefore it is violation of the rules. Then why GREG collecting CLPL voting shares???
Open for discussion...
This is not buying or Selling Signal!!!
Good luck, Do analysis regarding what ever u do.