Exercising so many shares. Looking on the positive side implies the warrant holders intend to have the shares to get the new rights, exercise them and get new warrants. After the issuance of new shares dispose of them when the price is right and back to sq 1 holding warrants - free again
u as a investor why so interested wif this counter hah ? go away laaa... so weird lah !!... if u r not a contra player just ignore ..... for contra dis is a good counter. go study for contra laaa then u will know.... so bising2 aje ....
heaven or hell? Renounceable rights issue of up to 528,169,300 new ordinary shares in mlabs systems berhad ("Mlabs") ("Mlabs shares") ("Rights shares") at an issue price of rm0.15 per rights share together with up to 264,084,650 free detachable warrants in mlabs ("Warrants b") on the basis of two (2) rights shares together with one (1) free warrant b for every one (1) existing mlabs share held by the entitled shareholders of mlabs at 5.00 p.M. On 11 august 2017 ("Entitled shareholders") ("Rights issue with warrants").
X date for the right issue entitlement will 11/8. Thereafter this counter will be goreng again to boost investor's confidence, until last date of right issue payment...happy trading guys. My 2c opinion only :-)
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....
Sarawakian8
42 posts
Posted by Sarawakian8 > 2017-07-28 21:20 | Report Abuse
Better buy Vivocom. 14 sen 1.5 sen cheaper no RI.