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SATS R Appear
$SATS (S58.SG)$ SATS R ticket appears in my portfolio with very cheap price (around 0.3 dollar) ![]()
. What is this? Is it the rights shares? How do we buy or sell them in Moomoo?
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Love to be in a helpful trading community. A long trader.
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Small bull : just sell all u have. price will go down fast day by day till bottom.
Lovely_Moo OP Small bull : I cannot sell them because their number is not multiplier of 100. But what they are actually? Are they the right shares? Suppose we buy 300 of them at 0.3 now. What does it mean? I thought their price is supposed to be 2.2? Does that mean later I will have to pay (2.2 + 0.3) × 300 later through Moomoo?
sensible Reindeer_26 : I also don’t understand this
Ohlalakidikidi : I just called the customer service center, she told me that Moomoo will send us an email to confirm whether we would like to participate in the right issue or not. So just wait for the email from Moomoo
sin kiong Ng : I've already received the email. You can buy it now. 0.220
Lovely_Moo OP Ohlalakidikidi : Thanks. For some reason, I have not received the email yet while some have. Perhaps it takes time until everyone gets the email.
Lovely_Moo OP sin kiong Ng : I have not received it yet for some reason. How much SATS shares do you have, if I may know? Is it > 400 shares (such that you get > 100 right issue?)
欢乐的特罗伊 : Is it worth subscribing?
Small bull Lovely_Moo OP : why do u sell these small lots when u haven't pay up? date also not arrive yet. buy more loose more because the price is plunging down day by day
Small bull 欢乐的特罗伊 : the people who had experience subscribe to rights issue all have nightmares. I will keep out this crap, don't want to stuck for a year again
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