Thanks bull007, I haven't come to grips with the pricing of warrants. Exercise price of existing warrants is 0.20 when mother share is 0.085 and yet they are still worth 3.5sen?? I guess the future of hubline is looking good in some ppl's crytal ball.

Shuk, yeah I've been hearing this story for a while. Getting stale now. Any idea when the placement will actually occur?

bull007, I still don't get it. Who would pay RM9mil @ 20sen a share in the first place? The only way I see this would make sense is if they push the shares to >20sen first. In any case, nothing much makes senses in Bolehland....goreng time? :P

Why would anyone want to subscribe to 46m new shares at 20sen when they can buy from the open market at only 8.5-9sen? They can pick up 43mil shares that are currently queued from 0.09 to 0.10.