It is well reflected on today price movement on the confidence of investor and this could be the beginning of second wave rally for both Gpacket and its warrant..in addition to the good potential for AI in G3 Global
if a Warrant RM0.30 (conv price RM1.00) OS (RM1.20) No person will exercise the conversion.
You can make profit of RM0.10 if the Warrant did become RM0.40 even the OS still at RM1.20 only. The time was when the expiry could be far away.
BUT when nearing the expiry, the Warrant will somehow be transacted from RM0.40 or RM0.50 to RM0.20 only within that limited time so be same as the OS price of RM1.20 which may have remained the same for along while.
The movement is almost the same when it started the bull run when tge warrants at around 14c. There is no sign of fatigue or sign of disposal. The China and Singapore investor really protect their investment. They are not disposing a single shares indicating they are very confidence with the company. I personally believed GP will go beyond rm1 or even rm1.50 when the projects starts to come in or even bigger things may happens such as take over.
Not. Even the Warrant turned RM0.41 , it won't convert automatically but no one will covert if the Ordinary Share is below RM0.80 (Wb RM0.40 + Cov Price RM0.40).
Yes. Your cost will be RM0.45 for one ordinary share. Basically, your rights are booked and you have until the expiry date to convert the warrants unless you wanted to realise your profits by selling the warrants.
Wow...look like more and more investors have interest and vote of confidence in this company. Keep it going and grow together with this company in the near future..remember it is a mega trend business which offer a tremendous growth worldwide in next generation
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 3309 views | 3 d ago
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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....
beinvested
2,445 posts
Posted by beinvested > 2019-10-14 11:26 | Report Abuse
OK.