Elo...where got free 1? 12 right issue + 7 free warrant for every 2 existing.....means that u need to subcribe right issue to gain a 0.005 free warrant.... Example: u have 100000 share After consolidate u have 10000 share U have to pay additional Rm5400 (12 ri x 5 x 0.09) After u pay RM5400 baru u dapat 7 free warrant which is cost around Rm175 (7 free × 5 x 0.005) Milton Friedman told us No free lunch in the world
U can see top 30 shareholder conquer 26% from total, Asiabio 6% and Hongkie united 10.5%. Total up 42.5% ... means that this company no significant boss 1... so i have no idea who will take out such money to eat those RI....how many % u estimate will successfully subcribe??
Study account 1st b4 talk about nta plz....ask some1 who graduated from monash teach u how to calculate the nta boy...he stay at penang...as same as this company....hahaha
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....
PrinceofIpoh
1,306 posts
Posted by PrinceofIpoh > 2020-10-31 17:55 | Report Abuse
Free RI after 13 Nov. 16 Nov commenced rights trading. Only get free warrant if you subscribe in full of RI.