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2016-09-23 00:46 | Report Abuse
Thank you huat888.
Thank you valueinvestor for the detail explanation. :)
2016-09-20 22:35 | Report Abuse
Hai, can anyone explain to me why the exercise price is RM0.26, Last time it was RM0.13. assuming i convert the warrants RM0.2859(current market price) +RM0.26 (exercise price) = RM0.545 (currently the ordinary share is RM0.435).
is it overvalued by RM0.11 ?
Hope to get a solid explanation from this. Thanks
Stock: [L&G-LA]: LAND & GENERAL BHD-ICULS 13/18
2016-09-23 01:30 | Report Abuse
Another question for valueinvestor. So, using method 1, if i convert my ICUL now by adding the extra RM0.13, (0.28+0.13= 0.41) current mother share is RM0.44. (i earn RM0.03?)
using method 2, surrender two ICULS in exchange for mother share (0.28+0.28 = 0.52), (lose RM0.08??)