How to convert tis warrant, its like this ke ? Bought Warrant cost = 10,000 X 14sen = RM1,400.00 ++ (GST+Processing) Convertion Ratio = 1 warrant : 1 mother , Price =12sen So = 10,000 X 12 sen = RM1,200.00 ++ ( GST + Processing).
So need to pay to broker additional RM1,200.00 ++
Finally my new mother share cost is = RM1,200.00 + RM1,400.00 = RM 2,600.00 ++ = 0.26sen ++
0.21 Jan15 agst 0.40 (9.23am) a hike of 90% and moving upwards. Solar power plant, energy the way forward. Vsolar is one of the many participants. Asiabio 19.5% an indicator. TP 0.50 in d short term.
Mother share already too expensive. Many choose to play less expensive warrants to leverage on the sharp rise in mother share. Anyway 17 sen only. TP 22 sen. Hope evening got show.
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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....
MrNobody
790 posts
Posted by MrNobody > 2015-04-16 18:12 | Report Abuse
those who trade this counter need a lot of luck. tats all i can say.