If the mother share can stay above 70 sen for 1 or 2 weeks, this LA is likely to shoot up to 22.5 sen in due course since conversion price is 1 LA + 52.5 sen only under Option 2 method. The window of opportunities for the present discount should close when the research houses highlight or publish this accordingly
Convert is too slow. Just buy and wait for 24cents fair value enough. Watch warrant. Those sold now all buy back 20 cents. LA more valuable than warrant but purposely push down price to buy. Wait and see the show.
Fortune teller said : 4.45pm LA 18, WA 25. Ire just 76. tomorrow LA 25, WA 30, Ire just 80. That is call normalized. Then next week Ire will move 90c 1.00 1.10... until 1.50. both LA and WA follows. So nice meh? If Black Obama can becomes US president, nothing is impossible. HAHA
Already buy, sound Yesterday, today buy again! From 11.5c up down up down few times until true value 23c above, can play many round lor! Until some smart analyst writes article or announce on newspaper big value gap, game over LA. Switch to buy mother.
4u2c, I also bought WA at 0.19, no worry, will bounce back. Previously bought LA at 0.08 and sold at 0.10, yesterday bought back at 0.12, will convert to ordinary shares.
I am here!!! After few days not check stocks, closing open gives me surprise!! Owners buy all shares cheap price. If mother 66c, theory price LA should be 13.5c and maybe 18.5c, above warrant. any TP?
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
valueinvestor
641 posts
Posted by valueinvestor > 2014-06-17 20:04 | Report Abuse
If the mother share can stay above 70 sen for 1 or 2 weeks, this LA is likely to shoot up to 22.5 sen in due course since conversion price is 1 LA + 52.5 sen only under Option 2 method. The window of opportunities for the present discount should close when the research houses highlight or publish this accordingly