OR means a company needs cash quickly to run certain operations of their company...usually when the OR expired...the mother stock price will fall..my opinion only...haha
Haha i3lurker, must learn from Lu tau boh buying Netx OR and subscribe for NETX RI with free warrants. Then sold Netx and warrants later with profit of 2 Myvi.
This coming few years, airasia will do many times right share and private place because need money to run business, so the fair price will be around 0.20 - 0.40, high price dun touch.
Posted by i3lurker > Nov 19, 2021 9:30 AM | Report Abuse
OR => Original Rights to get RCUIDS with free warrants
Correction OR => Original Rights to subscribe for RCUIDS with free warrants. You still need to pay subscription of RM 750 to get 1000 RCUID with free 500 warrants.
holder will not sell the right issue at OR if they know the price. but not all is aware on this. i will buy all of them instead selling it. people say profitable company is to invest in, look at topglve , harta etc glove with huge ebitda and billion of profit a quarter, STILL SINK TO PRE COVID. what say you.
what to worry about pn17?unless ur in margin trade. its just old style bursa kuala lumpur . see hertz and whiting petroleum in wall street. your choice.
Shareholders need to pay 0.75 to get the Rights only, is it ? On top of that, when want to convert the Rights into mother share, got to pay the conversion price some more ? Am I correct ? Appreciate if anybody can confirm. Thank you.
Please help, if i got 60,000 unit airasia share, so i can get 20,000 right issue? So i need to pay 20,000 x rm0.75 for right issue ang get tbe free warrant by before 1dec?
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....
Sslee
5,525 posts
Posted by Sslee > 2021-11-19 09:39 | Report Abuse
By the way maybe I will buy some OR at half a cent and gamble with 8% RCUIDS with free warrants.