The mother share price would be adjusted after the ex date of the RI. Warrants would also be adjusted based on several factors such as the ex RI price, percentage of discount offered for the RI, RI price being offered, and also ratio of the RI. Until then, warrants would continue to be beaten down as they yet to adjust them but the mother share has already reflected the RI since it came down from 1.7++ to 1.3++ when the RI was announced.
To sell or not to sell is your own discretion. If your warrants still have a long time before expiry, by rights, it should be adjusted together with the RI. Question here is what would be the trend for MRCB after the RI has been completed?
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....
alfatango1984
4 posts
Posted by alfatango1984 > 2017-07-21 08:38 | Report Abuse
goog morning...