If the management need more cash, they will not consolidate the WA, bcoz if WA fully ex, (412m x 0.20= rm80m) They can get rm80m for running cost.. Am I right??
diu...only u guys have hope on this. Right issues to enter palm oil business. From advertisement expert to plantation? and get approved from board. Godbless u all
problem is they use this money to start new plantation business and not acquired exiting plantation assets. If start new, that need 5 years to get the return, if use money to invest on current plantation player that make more sense
The price of the Rights Issue is not announced or confirmed yet. It cannot be 0.10. Rights issue are normally issued at a discount to entice shareholders o participate. Again after Rights issue the price of the share is bound to drop. Just an example... if the share price after consolidation is 0.10, the RightsIssue price may be 0.08 sen. After the Rights Issue completed the share price may drop to 0.09, 0.08 or 0.07... To me it should not drop below the Rights issue price... otherwise what is the point of investing.
Rights Issue is a fund raising situation. It should give you some leeway to make money..... Just my opinion...Cheers and have a good day.
my personal opinion , when share consolidate, it become less share and postively easier to goreng ... and they going to give out new warrant .. subs to 0.10 .. hence parent share must be above 0.10 else no one will subs to the new warrant
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Posted by lusterpundi > 2015-11-23 13:11 | Report Abuse
Amedia -WA 0.75