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 STOCK MARKET DISCUSSION V67, Alex's 1447 or 1388.....

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lonewolf
post Nov 24 2010, 10:35 PM

Look at all my stars!!
*******
Senior Member
3,945 posts

Joined: Jan 2003
QUOTE(yok70 @ Nov 24 2010, 09:52 PM)
Me too! I don't understand what it means! My English is so bad, or they like to speak difficult English. 
Sifu, please explain in simple English.  notworthy.gif


Added on November 24, 2010, 9:54 pm

WAH...love that.  hands.gif  cheers.gif  hands.gif


Added on November 24, 2010, 9:59 pmI try.

Say I have 1000 unit Suncity shares.

I'll receive 1000 unit Newco shares + 5.10*20% in cash + some undecided ratio of free warrants?

notworthy.gif
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hope this link explains http://voyager8.blogspot.com/2010/11/sunci...nto-single.html
lonewolf
post Nov 24 2010, 10:46 PM

Look at all my stars!!
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QUOTE(mopster @ Nov 24 2010, 10:37 PM)
thank you lonewolf... that link is very helpful smile.gif notworthy.gif
lonewolf.. Kai GrandMaster ? laugh.gif
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thumbup.gif ya..kai grandmaster whistling.gif


lonewolf
post Nov 24 2010, 11:29 PM

Look at all my stars!!
*******
Senior Member
3,945 posts

Joined: Jan 2003
QUOTE(yok70 @ Nov 24 2010, 11:14 PM)
thanks!!  notworthy.gif

looks like VERY HARD to avoid odd lots this time!!
any mathematics sifu here? I tried to make the formula out but failed!  rclxub.gif


Added on November 24, 2010, 11:15 pm

DJ green, Euro market also green. All green.  tongue.gif
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user posted image

premium
(5.1 x 1000) - (4.49 x 1000) = 610

cash
(5.1 x 1000) * 20% = 1020

newco share
((5.1 x 1000) - 20%)/2.8 = 1457.14

warrant
1457.14 / 5 = 291.43


correct me if i m wrong sweat.gif

This post has been edited by lonewolf: Nov 24 2010, 11:32 PM

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