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cheap shares !
Thanks rich for taking some time checking for questrade !
I hope they will answer to me before end of the week ..
On my side I'm waiting for the final answer from Questrade, will see.
Thanks for sharing
Do we know when ?
I guess that the loading under 0.1 will not happen for me ..
we are increasing the big now !
TPAC going to fly
I hope ! :)
under 0.1 for sure I will load, that's it
Only 2 weeks left, omg..
Maybe loading more this week , I don't know eheh
Thanks for the update, really appreciated !
wow 40% today ok
I just had an answer from my broker saying that they are "currently confirming the terms of the ADR termination with the agent"
Will keep you in touch guys
perfect, thanks a lot !
Hey PennyPauly, do we have this conversion by keeping our shares and doing nothing or by contacting our broker to convert the shares ?
Thanks man
Yup it was for steezkeez and Rowdy, I don't really know how to publicly answer without referring someone ^^'
If we have enough followers here I guess that we have a green day today :D
Thanks a lot for the DDs, that's really nice from you to put all this work in
Also we can trust no one so on my side I'm just taking information from both parts verifying it and doing my own DD so..
I have contacted China Cache last week and I still have no answer about the merger or the future of our shares
Is it only for TD Ameritrade or for all brokers ?
dammit .. didnt have time to load on this 0.09
Let's see us on tuesday ! have a good week end
oops sorry !
Nice ! thanks for sharing man
I can't see that with Questrade.. too bad for me I see only "OTC" on mm side
very calm today
we are now at 0.12 guys, let's go !
someone buying 0.1435 !! we are increasing quickly
0.11/0.15 This is becoming really interesting
Indeed ahah
Can we have a new merger SEC file on January 29 please ? it would be my birthday gift
indeed, we need a bit more to have a good bid/ratio
for now we have a 2/5 ratio for bid/ask
we approach 1 million volume total for the day and stable over 0.08, nice !
what's going on here?
I'm just quoting the SEC file, that's not from my broker
I just want to keep in mind this phrase of the last SEC files :
"PLEASE BE ADVISED THAT BECAUSE THERE IS NO LOCAL MARKET FOR THE COMPANY’S ORDINARY SHARES, THE DEPOSITARY WILL BE UNABLE TO SELL THE DEPOSITED SECURTIES AND DISTRIBUTE THE CASH TO THE HOLDERS OF ADSs"
no local market
For my part I'm taking the risk and will hold my 90k shares at least until january 31 where I will ask corporate action if no SEC file is submitted.
Even if I'm 4000$ down for now with an average of 0.1135
looking at chart, we should have an ascending support at 0.06
previously 0.035 on 12/10, then 0.045 on 27/11 then 0.056 on 11/01
loading time between 0.06 and 0.08
We are encountering LOT of volume today, sell volume yes but volume
They are not reloading, this was a sell action
340k total
This is a manual corporate action you have to submit to your broker but it needs 3 working days at least to be taken in action.
And because the termination date of the ADR is February 4.
If we want to convert CCIHY shares before termination date, we need to submit the corporate action to our broker before January 31.
They didn't have more information about a merger or anything else..
Ok I had the chance to talk with Questrade.
They told me that I can convert my CCIHY shares using a corporate action but need to do it before January 31
He says :
"I can submit the corporate action to convert the shares as requested by CCIHY"