Think hard why Trive's share price crashed even though there is bonus issue. When mother share was 'goreng' up over 20c, many punters rushed to buy WB and hoped to convert WBs into mother shares. Before they obtained the mother shares, the syndicate already dumped the shares below the conversion price of 10c. Forced selling of converted mother shares caused damn heavy losses!!! Beware of big sharks in the market.
So if I have 60,000 of mother shares worth RM6,000 then i will get 10,000 of free shares at RM1,000 subject the price maintain at 0.1 ? Can anyone share me if this is correct ? However, illogically I would think the price will go down lower than today’s price after ex date.
i guess..... tomorrow morning will up 0.005-0.010, but drop after lunch. end up will be -0.005 if u observe this 3 week, u will find thw way- pump at 4:20pm, dump at 02:30pm i will q 0.095 tomorrow. time to collect.
chinvest17 Entitled only if you buy on or before Wednesday and sell after Wednesday. Thursday morning ref price will be adjusted down (multiply by 6/7) 07/11/2017 19:23
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Lkl888
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Posted by Lkl888 > 2017-11-07 17:57 | Report Abuse
Think hard why Trive's share price crashed even though there is bonus issue. When mother share was 'goreng' up over 20c, many punters rushed to buy WB and hoped to convert WBs into mother shares. Before they obtained the mother shares, the syndicate already dumped the shares below the conversion price of 10c. Forced selling of converted mother shares caused damn heavy losses!!! Beware of big sharks in the market.