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little top-up for me. Expecting news shortly prior to the warrants kicking in on 24th Feb.
I think you've misunderstood what tradeable/non-tradeable warrants means. In this case the warrants themselves are not tradeable, but if you exercise the warrants (use them to buy shares at 80p) then the resulting shares are just the same as any other shares! Some companies issue general warrants which are listed and publically tradeable on the market separately from the shares, i.e. you can buy and sell the warrants themselves.
thanks, but doesnt not being on the open market (once bought) limit their appeal?
The warrants are the right to buy X number of shares for 80p each for the next 6-7 months. Obviously there isn't much point in buying if you can buy shares in the market for less than 80p, but if/when the shareprice goes to say 200p the situation will be rather different!
Hi I just received notification I have been issued with MCC warrants. Could some one explain what this means...and why 80p when the share price is, at the time of writing, 37p. And as they are not tradeable...what's the point in buying? Sorry for asking what may seem a numpty sort of question but im new to this option.
I'm definitely here for the warrants, and at a price which would be sensible to exercise them - I'm very happy sitting and holding these! Time for a chill and hopefully look back with a smile at these prices from a distance way ahead...
Sitting tight with my remaining holding and warrants.
Limited shares...... everyone holding. A few impatient pi's bugging out to try catch the daily gainers but otherwise these shares being held tight. We know the 80p warrants were issued with a short term expiry... we know the knews is imminent.... we know how quick this share jumps.... and we know that to get to 80p the news is going to be big. There's no speculation nor chit chat because the majority of the shares are held by those that know what is coming. Just need to hold and see.
Waiting with baited breath for the company to update us, with the odd bored holder slicing a few and others accumulating while we wait. As the last update on 24/1 said: "We are confident that this will lead to a positive transformation of the Company in the future and we look forward to updating shareholders to that effect in the near term".
Anyone know what's going on? No volume, no movement??
From where?
Of involvement in China Telecoms now... news has to be soon sp is holding for a reason.
they will simply re rate one day on news and not look back imho.
is all that's needed here. But yes I don't think we'll have to wait very long until the newsflow starts rolling.
BLUE and alot of buying today...gotta be something coming soon...they have been planning a while
Catch the japanese monkey :)
Alibaba buying in Chinese Facebook coming???
Steady ready for news. atb
We should get back in the 40's in the next few days
Who's loading up? Another nice buy 25k at full ask. When news comes sp will motor.
I suspect they're confusing Mercom Capital with Mercom Sands / Monchhichi Plc
we do like to chew over a good rumour or wild theory or two here.
Velly interlesting ... do tell more.