Why so many people don’t understand , warrant convert NEED TIME !!! Around 2 weeks, once u get the mother share , the price already limit down fews time liao la
Don expect buy the warrant and convert for good money.. what u bought jus now must make a decision today ...if rebound is good..else cut it...monday wont be good.. today only can earn gap money.
The warrant for this stock has fallen to limit down level. The mother share is being held up by big sharks taking ikan bilis nibbles ..... but once they decide to throw, most of the real ikan bilis will be hung out to dry. The downward pressure on the mother share will be getting more and more intense if the warrant stays low at that level, something has to give. Either the warrant rebounds or the gravity-defying mother share plummets.
Mother share and warrants cannot logically maintain such a divergent track .... the lack of scrutiny in the movement of this stock by Bursa, has allow such a scenario to happen. I think the mother share itself will correct as there is not enough info/news/fundamentals to justify it remaining at that level. A plunge of similar magnitude as was seen in the warrant of the past two sessions, would bring the mother share down to below the 0.90 levels, based on its recent history.
@kpsalak that period is expiry date of warrant. I've seen so many people still confuse with warrant conversion thinking that it will convert automatically on expiry date.
what you can do is just write letter to SC , ask them to investigate, money confirm lose liao, but the more ppl discuss about this, the more attention will get
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....
FML30000
137 posts
Posted by FML30000 > 2020-09-18 12:14 | Report Abuse
its a trap to convert to mother...dont be so silly..if u wanna contribute to the syndicate why not u donate to those who needs.