An honorable member of the Coffee Shop Has Just Posted the Following:
Was talking to an old friend over the weekend. Kpkb on the shares he is holding on Ezra, Told me he took quite a big hit as he average down on the share prices, all in he hold about 200lots, after the averaging from S$1 plus till to date. Loss he did not mention, but seeing the last traded of 0.29, he must have lost quite a fair bit.
Now understand from him, Ezra is calling for rights issue with 200 for every 100 owned, not so clear on what does convertible bond means though.
But definitely for sure, he has to cough out more money for the rights unless he takes a loss.
Click here to view the whole thread at www.sammyboy.com.
08-06-2015, 11:00 AM
Ezra : Convertible Bonds and Right Issue, what is convertible bonds........
