Stock Watch
:
During the C-19, SIA was grounded. Need money to stay alive so issued MCB to shareholders. The MCB carried 4 to 6% interest or will convert to SIA shares at $4.84. Eg u invested 10k in MCB, you will get 3.5 lots shares ( 1 lot = 1000 units)
Stock Watch : During the C-19, SIA was grounded. Need money to stay alive so issued MCB to shareholders. The MCB carried 4 to 6% interest or will convert to SIA shares at $4.84. Eg u invested 10k in MCB, you will get 3.5 lots shares ( 1 lot = 1000 units)
Stock Watch : in short: SIA bonds
Terra Stock Watch : SIA will redeem the whole lot before maturity.
Stock Watch Terra : Sad...