Annica    Last:0.001   -

$ Annica got good news...

dont worry, its just technical

tresxd      ( Date: 08-Sep-2009 09:19) Posted: its falling ;( cross567      ( Date: 07-Sep-2009 22:52) Posted: i have bought 50 lots at 13 looking forward for 20 by end of the week

 

its falling ;(

cross567      ( Date: 07-Sep-2009 22:52) Posted: i have bought 50 lots at 13 looking forward for 20 by end of the week

 

i have bought 50 lots at 13

looking forward for 20 by end of the week

 

 

any of u bought this?

 

Unlikley will drop to 8cts but base on past pattern will push to at least 20cts base on RTO 20cts

 

What is the motive of 1lot buying up?

Saw ppl throwing 10+lots, 20+lots, 100+lots down to 0.12, but there is always a 1lot buy up to 0.125.

Please advise what is going on.

 

going to 0.080... soon...

 

In 2007 Oculus now known as Annica was traing at 15cts then shot >20cts nad >30cts and hit high 45cts,will history repeat itself.see below for past trading movements of Oculus,now is Annica

 

Posted: Tue Aug 28, 2007 9:07 am Post subject: Occulus to Cross 32cts soon otherwise rights issue aborted

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Has anyone notice the swift recovery of Oculus move from 15cts to 18..20..22....25 and 27cts now...major sh holder Ariel has undertaken to take up all its rights entitlement at 32cts each...recent financing obtained is gd news for Oculus..show financiers/investors are confident of co's projects.



OCULUS SECURES $100M FINANCING FACILITY

Business Times (23 Aug) - Oculus Ltd said yesterday it has secured a $100 million financing facility from a major New York-based fund manager to fund its business expansion in renewable energy and oil services businesses.

The facility is a convertible bond that gives the bondholder an option but not the obligation to convert the debt into equity. Under the bond subscription agreement, Oculus will issue up to $100 million in zero-coupon convertible bonds - in 50 successive tranches of $2 million each - to DB Zwirn Mauritius Trading No 3 Ltd and its affiliates.

The maturity date is five years after the date of issue.

After the issue of the initial tranche of $2 million, either Oculus or DB Zwirn would have the option to ask for subsequent tranches within five years of the initial completion date of the first tranche.

DB Zwirn is wholly owned by DB Zwirn Special Opportunities Fund, a partnership managed by DB Zwirn & Co, a global alternative investments manager and financial group with more than US$5 billion worth of assets under management.

Oculus said the terms of the convertible bonds are favourable to the company. There is no interest payable on the bonds, no restrictions on future borrowings and future equity raisings and no subordination of existing financing facilities. The group will also issue bonds only as and when needed. The facility can be terminated by either party.

Oculus executive director Low Shiong Jin said: 'Oculus is in a position today to issue convertible bonds on such favourable terms because of our strengthened financials and bright prospects going forward.'

While the main objective of issuing the convertible bonds is to raise capital for business expansion, a related objective is to increase Oculus's market capitalisation and trading liquidity, the company said.

The bond agreement is subject to the approvals of SGX and Oculus's shareholders, among other conditions.

 

http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_24639F4B1A35AA9448257627002564CC/$file/RTO-Ann-CNE.pdf?openeleme

 

Annica,formerly Occulus is involved in a RTO(reverse-take -over) of China New Energy at 20cts and last Fri 4 Aug a high vol of about 31mil was done.With a small paid up capital of only 299.8mil,likley can expect its share price to move towards the RTO price of 20cts.Occulus was listed in 2004 at 23cts and in 2007 soared to a high of 43cts when it was supposed to be involved carbon credit trading with Aerate Ltd but was subsequently abandoned.A good trading buy

 

ex- Oculus

buylist      ( Date: 04-Sep-2009 19:07) Posted: What company is this? Is it a RTO?

 

What company is this? Is it a RTO?

 

好极了.

lawcheemeng      ( Date: 04-Sep-2009 17:46) Posted: click here to acess woowoo      ( Date: 04-Sep-2009 17:43) Posted: Very hign volume this afternoon opening, going to move even higher nx wk..thk got good announcement...  Anyone cares to share.

 

good eg of loser turn winner..

shell company perform better than blue chip in returns

 

click here to acess

woowoo      ( Date: 04-Sep-2009 17:43) Posted: Very hign volume this afternoon opening, going to move even higher nx wk..thk got good announcement...  Anyone cares to share.

 

Very hign volume this afternoon opening, going to move even higher nx wk..thk got good announcement...

 Anyone cares to share.