Posted by ttgipoh > 2014-06-12 06:18 | Report Abuse

iretex closed at .74, what is the reference price for its Loan stock next Monday?

Posted by stoCKTANgerin > 2014-06-13 13:44 | Report Abuse

Hoho, really not sure what is the reference price.
As long as mother shares keep moving up, then no need care on reference price. Hehe....

Posted by dragonking > 2014-06-13 14:04 | Report Abuse

25 sen,,,with some discount

Posted by ttgipoh > 2014-06-14 17:20 | Report Abuse

Iretex-LA and warrant listing on 16/6/14. Iretex closed at .77 on Friday.
Implied value for the LA will be 0.245

Posted by ttgipoh > 2014-06-14 17:21 | Report Abuse

Iretex-wa will be .305 limit up, conversion price is .80

Posted by ttgipoh > 2014-06-14 17:27 | Report Abuse

iretex-La has an implied value of .245, Iretex closed at .77 on Friday.
conversion : 1 LA + .525

Posted by ttgipoh > 2014-06-14 17:43 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1649109
Over subscribed 29.94%

Posted by ttgipoh > 2014-06-14 17:50 | Report Abuse

The conversion method is similar to L&G-LA , 1 LA + .13

Posted by bolaeye > 2014-06-14 18:51 | Report Abuse

If compare to L&G-LA experience, Ire-LA conversion price is 1LA+52c means if iretex price 80c, LA = 28c. If iretex price 90c, LA = 38c. If pretex price 1.00, LA = 48c, almost same as L&G-LA? If true, this is fortune teller - missed L&G-LA, go for Ire-LA!!! StockTan how you study so early? Any tips?

Posted by stoCKTANgerin > 2014-06-14 21:41 | Report Abuse

Yeah... Cheers!
Let's get ready champagne for celebration on Monday...

Posted by bolaeye > 2014-06-16 09:26 | Report Abuse

Why warrant higher than LA? Is it because mother share is down? People buy or sell now?

Posted by wt222 > 2014-06-16 09:27 | Report Abuse

Bcoz Wa's quantity is 1/8 of La, easier to goreng....

Posted by bolaeye > 2014-06-16 09:59 | Report Abuse

people selling LA low now. Sell? Or just trap people to sell then goes up later?

Posted by lcc2302 > 2014-06-17 09:56 | Report Abuse

Hi All Sifu, I'm newbie. Wanna ask the form that use to convert the share, where can I get it? What form is that? How to submit mad where to submit?