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Coffee Shop Talk of a non sexual Nature Visit Sam's Alfresco Heaven. Singapore's best Alfresco Coffee Experience! If you're up to your ears with all this Sex Talk and would like to take a break from it all to discuss other interesting aspects of life in Singapore,  pop over and join in the fun.

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Old 08-06-2015, 09:50 AM
Sammyboy RSS Feed Sammyboy RSS Feed is offline
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Thumbs up Ezra : Convertible Bonds and Right Issue, what is convertible bonds........

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.


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