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Sri Lanka Equity Forum » Stock Market Talk » ! Very Unorthodox Strategy In Volitile Market ..

! Very Unorthodox Strategy In Volitile Market ..

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Chanuque

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Manager - Equity Analytics
Manager - Equity Analytics
! What an unorthodox way to get the both job done :
- Much needed funds in a volatile market,
- The group equity appreciation in one single day.
 
The Schaffters, knew very well that it was absolutely not possible to obtain needed funds in current volatile market. Instead of other options such as rights, they used the reserves of Janashakthi Insurance PLC of the Group to buy the 31.15% stake of Dunamis Capital PLC at an inflated price to the current market price ( between 70% to 80% ). All the related interwoven PLCs of the Group, got an unprecedented intra-day appreciation for no valid reason ..
? How many of CSE s retail investors got caught ..

https://cdn.cse.lk/cmt/uploadAnnounceFiles/6651536813094_611.pdf

ruwan326

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Vice President - Equity Analytics
Vice President - Equity Analytics
@Chanuque wrote:! What an unorthodox way to get the both job done :
- Much needed funds in a volatile market,
- The group equity appreciation in one single day.
 
The Schaffters, knew very well that it was absolutely not possible to obtain needed funds in current volatile market. Instead of other options such as rights, they used the reserves of Janashakthi Insurance PLC of the Group to buy the 31.15% stake of Dunamis Capital PLC at an inflated price to the current market price ( between 70% to 80% ). All the related interwoven PLCs of the Group, got an unprecedented intra-day appreciation for no valid reason ..
? How many of CSE s retail investors got caught ..

https://cdn.cse.lk/cmt/uploadAnnounceFiles/6651536813094_611.pdf
Rich get Richer
Retailers loose money as usual(if you buy today) affraid

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