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Author: Ahmadrazak   |   Latest post: Fri, 6 Jul 2018, 8:09 AM

 

XDL(5156) - Huge Amount of XDL-WC Converted !

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There are total 267Million unit XDL-WC converted to mother share at price 16sen per warrant since May 2018. It is equal to 61% of total XDL-WC have been converted to mother share. XDL will receive RM43Million from the warrant convertion.

This show major shareholder very confidence and look good on the future of XDL. Now XDL mother share just trade at 15sen per share which lower than warrant exercise price 16sen.

If u believe major shareholder and management know something we dun know. Then it is a good signal to buy XDL. 

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Labels: XDL

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