$SATS (S58.SG)$ Show me 2.8......[Scream][Scream][Scream][Co...
$SATS(S58.SG$ Show me 2.8......
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Small bull : Don't rush don't rush, too stress. Too stress will down more, haha
Lin Lau Peh : nah, wont hit that price today. I calculated looming at the stars last nite . Kidding ya.
Stock WatchOP Small bull: don't worry, I take bus, very slow ...
Stock WatchOP Lin Lau Peh: wait wait wait for it to announce right issue
KB trader : No brainer to buy at this level.. just get 100 and then subscribe rights at 2.79.. those selling are probably short on funds and doesn’t want to face dilution.
Small bull KB trader: yes, they are shorters buying back early to prevent more lost and some only gain a bit.
Lin Lau Peh Stock WatchOP: announced quite a while ago already
Lin Lau Peh KB trader: yeah buying the rights cheaper
Stock WatchOP Lin Lau Peh: But the calculation of price for sats not out... share price -(debt + right)
Hit and Run KB trader: if the right issue price is too close to current price, this is mot a discounted price anymore. If less shareholders take up, it defeat the purpose of fund raising. The sats price have to go up then make sense....
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