What is the loser's intention? Just forget it as we focus on the upcoming Q4...I believe the mining division should be delivering a better than expected result.
Bornoil has a very promising fundamentals itself based on the progressing catalysts and there is a tendency that its share price could be valued up to 0.27 a piece basing on a full dilution from its company's remaining issued warrants WC/WD and still fairly under a RM 2 billion company by taking advantage of the waived stamp duty for 3 years by Bursa under a specific conditions.
Mother shares: 5,220,127,754 issued shares WC warrants: 1,734,679,850 issued shares (Expiry: 08-Nov-2025) WD warrants: 378,683,984 issued shares (Expiry: 29-May-2027) Total issued shares with full warrants conversion combined: 7,333,491,588
Scenario 1: RM 2 billion / 7,333,491,588 shares after full dilution = 0.27 a piece (met the conditional RM 2 billion market cap for waived stamp duty)
Scenario 2: RM 2 billion / 5,220,127,754 shares after full dilution = 0.38 a piece (met the conditional RM 2 billion market cap for waived stamp duty)
Most likely the scenario 2 will happen based on the progress of the cement plant and biofraction plant progress and it should be before the waived stamp duty expiry 3 years later.
Wow! Sharemaker, how come you so poor also got millions of bornoil? unbelievable!~! Then i should shout, Billion of lots will acquire this price too. can i? wahaha
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....
neuwook
964 posts
Posted by neuwook > 2018-03-21 09:16 | Report Abuse
What is the loser's intention? Just forget it as we focus on the upcoming Q4...I believe the mining division should be delivering a better than expected result.