Let say you purchase 1000 JFTECH yesterday @ RM7.00 You are now entitled to 3000 bonus shares and 2000 warrants You can only sell bonus & warrant on 03/02/21 So your cost = RM7000
Let say you sell your existing share 1000 @ 1.94 you get = RM1940
Lets take a modest price and say the closing on 02/02/21 = RM1.85 And the next day you sell your bonus and warrants
3000 bonus x 1.85 = 5550 2000 warrants x 0.69 (1.85-1.16) = 1380
Your total = RM1940 + RM5550 + RM1380 = RM8870 Your gain = RM8870 - RM7000 = RM1870
Okay let do some calculation :
Let say you purchase 1000 JFTECH yesterday @ RM7.00 You are now entitled to 3000 bonus shares and 2000 warrants You can only sell bonus & warrant on 03/02/21 So your cost = RM7000
Let say you sell your existing share 1000 @ 1.94 you get = RM1940
Lets take a modest price and say the closing on 02/02/21 = RM1.85 And the next day you sell your bonus and warrants
3000 bonus x 1.85 = 5550 2000 warrants x 0.69 (1.85-1.16) = 1380
Your total = RM1940 + RM5550 + RM1380 = RM8870 Your gain = RM8870 - RM7000 = RM1870
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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....
Fukujin
115 posts
Posted by Fukujin > 2021-01-20 21:08 | Report Abuse
No LU but with a 20% gain to avoid red card haha