BORNOIL (7036) - Great Right issue Deal - Buy 1 Get 6 Right at 10cent, Free 1 warract C for Buy 2 Right 6 : 1 at 10sen (1WC : 2RI) Example: A ------------------------------------------------------------------------------ If buy at RM 0.60 and Ex-date price at RM 0.60 Holding now 1000X0.60=RM 600 Pay for all RI 6000X0.10=RM 600 Total cost = RM1200.00 Total holding 7000 unit at Average RM 0.17+cent With FREE 3000 Warrant C (potentially worth 0.05-0.10) = RM 150-300 Based on free warrant return RM 150-300/ RM 1200 (cost) = 12.5%-25% ------------------------------------------------------------------------------- Example: B if ex-date price = rm1.00 RM 1.0 x 1000 = RM 1000 Pay for all RI = RM 600 Total cost = RM 1600.00 Total holding 7000 unit at Avg price RM 0.23+cent With FREE 3000 Warrant C (potentially worth 0.05-0.10) = RM 150-300 Based on free warrant return RM 150-300/ RM 1600 (cost) = 9.375%-18.75% --------------------------------------------------------------------------------- Warrant C exercise price 0.10. After Ex-date: Example A: Mother 0.17, warrant c price at least 0.07 ! Example B: Mother 0.23 , warrant c price at least 0.13 !
last friday show some action, big clearing at 0.61-0.615. might go higher i guess. if not familiar with right issue, can let go when price go up. if want to subscribe then hold till ex..
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 5769 views | 5 d ago
0:17
New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
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....
Logic Trading Analysis
189 posts
Posted by Logic Trading Analysis > 2015-09-24 08:41 | Report Abuse
I think so, at least got right issue deal to protect from go lower. get the free warrant and confirm it will fried up at first day