Refer to the announcement clause f and g. Original warrant C have around 1.1b of share, now increase another 578m of shares. Equally 8 to 4 raise. (f) Listing of up to 578,788,094 additional Warrants 2015/ 2025 ("Warrant(s) C") to be issued arising from the adjustment pursuant to the Proposed Bonus Issue of Shares; and
(g) Listing of up to 578,788,094 new Bornoil Shares to be issued arising from the exercise of the additional Warrants C.
Not funny lah, for the one who got 8 mother , entitle to get 4 mother and 1 wd. That's why they told 8 to 4. If not , how to get 1wd? For WB and WC, 8 to 4 or 2 to 1 are of course same.
Dear All experts (I m sure many of you are significantly better than the armature me...) with all the explanation of FREE entitlement.... the KEY question....do you think Mother and Son (now now now) will go up BEFORE the entitlement ??? Or go down before entitlement ?? Or stay the same ??
redz1, i think as long we bought mother shares should be ok already, coz i also dunno how the bonus allocation, don't want headache, so just keep mind peace... :-D up up up...bornoil... :-D :-D :-D
Usually will push up before ex date. After ex date, price adjusted , possible will press down some more and then slowly go up. This happen for those expensive stock and inconsistent profit stock. But some time, after ex date it continue go up further. This usually happen at cheap price stock and consistent profit good stock. But, each stock is different.
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 > 2017-04-18 15:58 | Report Abuse
Means exercise price best can do is 10c.