keep my words! tHIS SHARE IS OVERPRICED Business man care bout their own pocket only..they r not doin charity frying up the price n let ppl with 3 yrs old children mind to earn their money.
ex is 3rd and entitlement is 5th, so means after 5th they will trade the OR? worth subscribing since it's 30+% discount to 5 days weighted price of RM2.23.
loonlee, you cannot buy right issues. You can only subscribe to it by paying rm1.20 if you own two ecoworld shares. So if you buy today 2 shares, you can pay 1.20 and you will own 3k shares. There is also free warrant if you made the subscription for every 5 right issue, you will get four warrants. So in your case, you will get 800 warrants when you subscribe 1k right issues It depends how the price is adjusted after the exercise. For eg. Inari shoot up the second day to price before right issue.
ecoinvestor, the OR will list and you can buy the OR (ordinary rights) shares, thereafter, you can convert the OR to mother share by buying a bank draft and sending it to the registrar. The hassle is to go to the bank to get it done and post it over.
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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....
eisteinbrook
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Posted by eisteinbrook > 2015-02-13 00:06 | Report Abuse
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