I think they were one of the people who bought into the private placement at S$5 two months ago.
What are they thinking, selling so soon at S$1.31!? Would' nt want them managing my money!
What are they thinking, selling so soon at S$1.31!? Would' nt want them managing my money!
Temasek' s subsidary InnoVen Capital recently sold 72,071 shares, reducing Temasek deemed interest from 24.01 to 23.97.
More bloodshed to come!
More bloodshed to come!
What is OF?
Buy OF if listed. Not 17
I guess with this situation and price I can see one of two things happen: 1) a rights issue because they did not raise as much money from the SPAC as they wanted, or 2) a privatisation by management / Temasek because they might as well, given they previously bought at S$5 therefore even a big premium to the current price would be cheap.
Clearly knowing which of 1) or 2) happens is critical. 
Clearly knowing which of 1) or 2) happens is critical. 
Be careful.  Don' t step on a live wire!
That' s a good point. What do you think?
Was trying to study their balance sheet - so with the redemption, not quite sure how much cash is exactly left on the books? Need to know if they can stop the cash burn and turnaround...
orried about their business prospects. 
Midtermer ( Date: 21-Dec-2023 17:10) Posted:
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See if it continues green tomorrow. Gap at 2.66. Cheers
SmallSmall ( Date: 21-Dec-2023 17:02) Posted:
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Technically, this one safer than the medical stock :)
Today cloe at $1.80. Tomorrow $2.00 -$2.20 at least
Today cloe at $1.80. Tomorrow $2.00 -$2.20 at least
hschsc ( Date: 21-Dec-2023 16:29) Posted:
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With small volume it can up and down so fast.do you think it is risky?
| SmallSmall ( Date: 21-Dec-2023 16:26) Posted: |
Technical rebound lah bro ....no need to look further. Business good will drop so much meh?
hschsc ( Date: 21-Dec-2023 16:14) Posted:
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More important is business must good and able to make profit.
SmallSmall ( Date: 21-Dec-2023 16:03) Posted:
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Looks like a big technical rebound is in place. From $5.00 to $1.46 in like 20 days?
Now @ $1.79.... First level $2.00...
Now @ $1.79.... First level $2.00...
The value of an option depends significantly on the lifetime left of the option, By doing the 17Live deal the Vertex option life has extended by many years. In contrast the Pegasas SPAC option life is ending very soon while the Novo Tellus situaton is unclear. So it makes sense that the 17Live option value is much higher than the others. 
Pegasus SPAC just annouced it will be dissolved.
Looks like Novo Tellus will follow the same path because there is not enough time.
Looks like the warrant also cannot buy already.
Stay out
Looks like Novo Tellus will follow the same path because there is not enough time.
Looks like the warrant also cannot buy already.
Stay out
hschsc ( Date: 20-Dec-2023 09:42) Posted:
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Hope can like the cat got 9 lives.
SmallSmall ( Date: 20-Dec-2023 09:28) Posted:
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This one now trading at $0.014 with ex price of $5.75 (mother now $1.56.
Might as well buy Novo Tellus Wrt now @ $0.004 (same conversion price $5.75 but the mother is $4.89.
At $0.004 just take it as a write off and hold. Who knows what awaits 
Might as well buy Novo Tellus Wrt now @ $0.004 (same conversion price $5.75 but the mother is $4.89.
At $0.004 just take it as a write off and hold. Who knows what awaits