15 4.4 Earnings and earnings per Share ("EPS") The Proposals are not expected to have any material effect on the earnings of Bornoil Group for the financial year ending 31 January 2018. However, the EPS of Bornoil Group may be diluted as a result of the increase in the number of Bornoil Shares in issue upon the completion of the Proposed Bonus Issue of Shares, and as and when the Warrants D are exercised into new Bornoil Shares. 4.5 Convertible securities Save as disclosed below, the Company does not have any other convertible securities outstanding as at the LPD: - i. Warrants B The Proposed Bonus Issue of Shares may give rise to adjustments to the exercise price and/ or subscription rights of the outstanding Warrants B held by each holder of the Warrants B pursuant to the deed poll dated 18 January 2008 , constituting the Warrants B ("Deed Poll B"). Any adjustment which is required will be made in accordance with the provisions of the Deed Poll B to mitigate any potential equity dilution resulting from the Proposed Bonus Issue of Shares and to ensure that the status of the holders of the outstanding Warrants B are not prejudiced after the completion of the said proposal. Any such adjustment will only be finalised on the Entitlement Date. In addition, a notice will be despatched to the holders of Warrant B in the event of any such adjustment. ii. Warrant s C The Proposed Bonus Issue of Shares may give rise to adjustments to the exercise price and/ or subscription rights of the outstanding Warrants C held by each holder of the Warrants C pursuant to the deed poll dated 28 September 2015 , constituting the W arrants C ("Deed Poll C"). Any adjustment which is required will be made in accordance with the provisions of the Deed Poll C to mitigate any potential equity dilution resulting from the Proposed Bonus Issue of Shares and to ensure that the status of the holders of the outstanding Warrants C are not prejudiced after the completion of the said proposal. Any such adjustment will only be finalised on the Entitlement Date. In addition, a notice will be despatched to the holders of Warrant C in the event of any such adjustment.
hahaha, what for marah marah lah, T4 selling as in expectation, i mention before this already lah, Tuesday morning 20 million shares, how many contra kaki buy at 0.185 - 0.190? hoho, why we never see parking so big volumn at 0.180 this 3 days, 1st lure ppl buy at 0.185 and 0.190, then anyone nervous today will cut lose, 2nd they are waiting to accumulate from contra players force sale this morning, i am very surprising of opening small volumn, bit things go very normal ! i am waiting for it, if not, how to go to next round ? 0.200 go go go !
forgot to mention one more indicator, i dont know it is right or not lah, just my indicator to see the movement - wc ! if today movement is by big shark to "dump", wc now should be below 9c or even worse already, but wc just now goyang pun tidak goyang
dont follow me, invest at ur own risk. but anyone can lend me some bullets? i wanna gap some at 0.180, maybe soon will be above 0.200, if before, i wont top up at 0.180, cox it is not a good enter point at current level, but ths story is different right now. big fish know better than u and me what will happent today after Tuesday rally, why Tuesday not even break 0.19? it cant be, normally it should be at least 0.195 - 0.200, if they wish, easily to break 0.200 on Tuesday after the bonus announcement. I dont know how the big fish plan for it, but i just know now some ppl holding what a huge amount of 0.180 on hand. maybe will drop future to 0.175, or maybe after this will fly high, i dont know, so dont listen to me. Hahaha, never mind lah, i just watch movie while waiting the time to break 0.200 .
guys, happy weekend ! all the best for us next week ! optimistic and believe to urself, to company. now, many stocks up like crazy, beware of this situation, anytime big bear is coming, my friendly advice, dont play contra. if global big bear arrive, it will only bornoil showtime because of hedging on gold demand. so, all the best !
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....
Tai KT
1,419 posts
Posted by Tai KT > 2017-03-16 11:02 | Report Abuse
修正—下,关于旧凭单的转换價是会跟着最新母股被增加如bonus issue 及 right issue 而调整及相对调底的。如果母股总数没增加,只是free new warrant, 那么旧warrant 转换價将是相同。