below RM5 Yes... after bonus issues... and yes because of short selling news from someone on this counter will back to RM5 soon. Just wait for it ya guys.. hahaha
Price movement will also depends on the operators or syndicates. Certain good shares will push even higher after the the bonus is concluded. If you are satisfied with your profits, you can sell. If you got confidence in the company, you should keep as investment and watch it grow.
warrant price will be determine by the mother shares after ex date...say b4 exdate at 6, after ex is 1.5,, if avg 5 days moving average after ex date or b4 new shares listed ( 3 Feb) is at 1. 5, by logic, the exercise price may be set at 20 % higher than 1.5 that is 1.8, then the warrant price will be at least 30 cents..if mother moves up to 2 RM+ in the longer term, the warrant may worth 50 to 70 cents or more in the longer term...
so based on today price 5.72 , ex mother price will be 1.43, and since warrant ex price is 1.16 , so warrant list start price will be 20 - 30 cts , is it near this
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hsyanbird
828 posts
Posted by hsyanbird > 2021-01-12 09:12 | Report Abuse
hmm... drop below rm5, yes.. after bonus issues.