Technics Oil & Gas

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10 years 11 months ago #18226 by BNN
Replied by BNN on topic Technics Oil & Gas
hh488: You are spot on -- there is an arbitrage op here. Just got more attractive at 25 cents only.

However... the warrants can only be converted to the mother share at the end of 3 years. And we don't know what the mother price would be then. Any arbitrage op may vanish if the stock price goes down.

Anytime the stock recovers strongly and heads towards its previous high of $1+, then this warrant will be a super % gainer.
The following user(s) said Thank You: Big Fish

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10 years 11 months ago #18228 by hh488
Replied by hh488 on topic Technics Oil & Gas
Hi BNN

Oh is it? Usually wrts are converted anytime during the life span. So unusual for this wrt!

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10 years 11 months ago #18231 by BNN
Replied by BNN on topic Technics Oil & Gas
Pg 2 of infopub.sgx.com/FileOpen/Technics_Warran...cement&FileID=257934


The Warrants may only be exercised on the market day on which the SGX-ST is open for trading in securities immediately preceding the third (3rd) anniversary of the date of issue of the Warrants (the “Exercise Date”), subject to the terms and conditions of the Warrants
as set out in the Deed Poll

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10 years 7 months ago #19702 by Big Fish
Replied by Big Fish on topic Technics Oil & Gas
MOther share doing nice at 77 cents but the warrant still still at 25 cents. Exercise price 25 cents = 50 cents.

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10 years 6 months ago #19957 by Big Fish
Replied by Big Fish on topic Technics Oil & Gas
from 25 cnts (in my last post) to 38 cents today!

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10 years 6 months ago #19964 by hp3000
Replied by hp3000 on topic Technics Oil & Gas
Up up all the way just like a superman.
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