That's the price expected after rights. But it was not mentioned the rights price and ratio. Stick to the original figure (3.60) so not to confuse yourself.
Of course the sweetener will be there. Free warrants. Benefit shareholders? Depends. You need to read the letter to shareholders carefully. Many factors to consider, will discuss only if it materialise. Personally, I will not subscribe to rights if mbsb remains above 2.50.
Right Issues not announced yet. Just the IBs looking at mbsb books and opines that the only way to go is rights issue to beef up its paid up capital. They are looking at end of year where rights will be carried out.
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
saloma
35 posts
Posted by saloma > 2013-08-04 21:57 | Report Abuse
RM2.18 (from RM2.23) on ex-rights price basis.
can anyone explain what does this mean?
TQ