aiyo.....had to average down at 1.410-1.44....and sold 80% from 1.49-1.52.....with very minor profit.....i guess most presumed Dulcet were actually Goh kar chun?? sienzzz
Adj price after bonus and warrants is 1.33. So if buy at 3.20, will end up 2 shares, 1 warrant. Warrant value is- estd 50cents, +10% premium. Correct me if wrong
MCE supplier to P2. Bezza and Alza, waiting list more than 6 months. Good potential for its warrants as it is going to be cheap compared to Mother at estd 55 cents compared to 1.33
---------------------------------------------------- Adjusting shares price for Bonus Issue for Warrants ----------------------------------------------------
TX = Theoretical Ex-Price (RM) P, Cum Price = Closing Price (RM) on last cum date X = Bonus Warrant (unit) Y = Holding of existing share (unit) EP = Exercise Price of Warrant
TX = ( P × Y ) + ( X × EP ) _______________________ Y + X
@durian1 : I don't think there will be any heavy selling, at least until the ex-date for the warrants which is on 11/01/24. If you sell now you won't be entitled to the warrants knowing that the warrants price is more than 50 sent than the exercise price (0.80)
Adj px after bonus warrant at 1.70 is 4.20/3 is 1.40. So Warrant px is estd at 1.40 -80 is 60 cents. Your original cost is 3.40 for 2 000 shares. Now it is 2 x 1.40 + 60, back to your original cost of RM3.40. But, since Co warrants has long maturity of 5 years, it normally trades at 10% premium . So on listing may touch 0.66 cents. My 2 cents opinion.
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skullstock
177 posts
Posted by skullstock > 2021-03-01 20:50 | Report Abuse
@Aaron_tan wonder if u are one of those " sohen " u mentioned earlier ... or else I wonder why u are here LMAO #sohen