great sandra..... as your conservative tp 60-65cents for the mother does make great sense, so the current warrant should be around 30-33cents.....coupled with newly issued securities at the exercise price of 35cents......plus the deal with US shoemaker largest company worth USD100mill and the upcoming november q results...... wow! prepare for the massive uptrend from today onwards.......
The uptrend is there but the big vol have to be cleared. Now since Bursa had approved the right issue and etc. the issue is when is the ex date and do the management need to call for EGM. If you do not subscribe for the rights are you entitled for the Bonus and the warrant.Sandra Choong to my opinion the fundamental of the stock are intact and the expansion plan of the company is good for the share holders. One thing I can say is that the management is not half past six, they will take care of the share holders.
Just saw a very big sell volume being thrown at 0.13512pm And my deal was done at that time :)..Hope this is a hidden gems and a x'mas gift for everyobe... Sandra, Am i correct the conversion below? WA to Mother= 1:1 = 0.135+0.35 cents?
if like that many will convert wa into mother..... mother share will become less attractive..... therefore to be in tandem with the price , both mother and warrant must go up together.... by month end mother 50 cents , warrant become 25 cents.......
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....
tomok81
809 posts
Posted by tomok81 > 2013-11-11 11:13 | Report Abuse
i see, so sandra do u think the current warrant price should be above 20cents by then?