If buy 10 pieces of OR at 0.005 per piece = 0.05 Subscribe at 0.05 per piece = 10 x 0.05 = 0.5 Total money paid to get 10 ICP = 0.55 To convert to 2 mother shares = 0.55 ÷ 2 = 0.275 per mother share. Which is about at the current price of the mother shares. But you get an extra Warrant. If the ICP and warrant is listed at 0.05 each and you sell all of them, you'll get 0.05 x10 + 0.05 x 1 = 0.55 Nett profit = 0.55 - 0.55 = 0.0 So to be in the money, the ICP and warrant must be above 0.05 each during listing. Is it possible?
Conversion of a warrant to a mother share is 0.25, current mother share price is 0.30, then the warrant to be listed at least 0.05. So this would be the nett profit to gain if the ICPS is listed at least 0.055. Waoo... if the mother shares move up above 0.30, the ICPS and warrants would follow closely, more money to make.. Is it possible? Sorry if my calculation is wrong..
I purchase PERMAJU through rakuten last week. But i did not receive the PERMAJU-PR (ICPS) in my rakuten account. How long do i need to wait? Or i need to pay extra 0.05 to purchase the ICPS? What is the procedure? I am new.
@shine7 if u buy icps from the market at 0.01, later if u want to convert to mother share, u need 10 icps with 0.50 topup, u get 2 mother share, and every 2 mother share u convert, u get 2 free warrant. the cost will be 0.01 x 10 + 0.50 / 2 = 0.30 per mother share, and u get 2 free warrant.
@jeffkl, 2 free warrant means 2 lot of permaju-pr or call-warrant? . permaju-cw? call warrant that will be listed after 3 August? the warrant part is confusing for me...
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....
TillyLovers
536 posts
Posted by TillyLovers > 2020-07-15 09:28 | Report Abuse
Now no one wants to buy permaju-or. Sigh