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Koon Yew Yin's Blog
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CS Tan
4.9 / 5.0
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....
kiasutrader1
59 posts
Posted by kiasutrader1 > 2014-02-17 12:40 | Report Abuse
The support price of Mudajaya is 2.50 - 2.59 and resistance at 2.83 level. The warrant 2 for 1 at 0.15 means that we have to pay .30 to get 2 warrants now and convert to shares at 2.60 = 2.90. Unless the share price can go beyond 2.90, which appears to be limited at this point in time, there is no reason to consider this warrant.