After rights issue maybe year end or next year will have share consolidation
So just wait and see what happens first.
After rights issue maybe year end or next year will have share consolidation
Most likely this chain of events will happen:
1) Board steps down
2) Ratings downgrade
3) Creditors pull their loans
4) Substantial shareholders dump their shares
5) Noble files for bankruptcy
This is all speculation and would take maybe 3 to 6 months
Yes
U are correct
But now 30 cents.... At 1000 shares its worth $3000
2000 shares ar 11 cents? U still lose $$$
ex rights date lor, once XR u get teh rights and u can sell it
by the time XR i think noble will fall to around 15-20 cents liao
if dont believe me go look at ezra, was a $1.00 stock... fell down to 30 cents they rights issue at 10 cents
ezra now BELOW 10 cents rights issue price.. what 6-7 cents?
high chance noble will become like ezra
no bankruptcy but as good as dead
just sell before ex-rights , easier
Bro mind explain a bit more? Shares only come in after ex right date, if sell before will this be considered naked short?
ex rights date lor, once XR u get teh rights and u can sell it
by the time XR i think noble will fall to around 15-20 cents liao
if dont believe me go look at ezra, was a $1.00 stock... fell down to 30 cents they rights issue at 10 cents
ezra now BELOW 10 cents rights issue price.. what 6-7 cents?
high chance noble will become like ezra
no bankruptcy but as good as dead
On this I absolutely agree with you actually.
But you see, my own parents holds this retarded stock and why not capitalise on their chance to get the rights shares at 11 cents then fifo before it falls below 11 cents?
yup........ unhalt just throw
now maybe only 20% of the ppl know about the rights
80% busy at work or with kids... never see the news yet
after unhalt they sell noble drop 5%? what happened? they go check, find out the bad news, they sell also
noble drops 10-20%... then all start to dump and noble falls 30-40%
if u dun believe me, u see in the next few months how noble move
SURE SAME FATE AS EzRA
Wow what's with the hate with your own parents?
what's there to explain?
if u holding 10,000 noble shares now... once unhalt just sell all lor
10,000 just sell and dont think liao
as simple as that
u dun want the rights, by the time u get the rights means u holding the bomb already
i think by the time it unhalt is next monday liao...