Cc Japan Share Price (CCJS)

Anybody want to share their prediction for where the underlying CCJI sp will be be in May 2023?

The way markets are going, I can see it at around 200p...meaning CCJS would be worth 40p at expiry. That’s quite tempting

1st post didn't show until I posted the 2nd one.

These are subscription shares related to CCJI. On 16th February (RNS) existing share holders were given 1 CCJS share for every 5 CCJI share. This gives the holder the right but not the obligation to buy CCJI shares at 161p until 28th February 2023 (RNS), on a quarterly basis. So if an investor believes that sometime over the next 2 years the CCJI share price will be higher than 261 plus this price (so based on today's price 270 a 17% increase) then they will buy this. I'm guessing that some clever institutional investors will plug the numbers into a model and decide they are worth a punt. Holders like me may have to sell at some point before 2023 unless the sp rockets when it'll be good to cash in.

Of course, the AIs and technical traders probably won't know what they are buying.

These are subscription shares given to existing share holders 1 to 5. They give the holder the right but not the obligation to cuy CCJI shares at 261 or thereabouts between now and May 2023 I think. The current share price is 232, so the gamble is whether you think the CCJI share price will be higher than 261 + CCJS price in the next 2 years. So at the moment the question is whether the CCJI share price will rise significantly higher than 270 (16%) within 2 years. I'm sure some sophisticated investment companies will run it through their mathematical models and decide it's worth the bet. I'll be surprised if this bb ever gets many posts.

Thats because you would have to be bonkers to buy this