WC mature on 26/12/18 , 5 years period , conversion ratio 1:1 ,exercise price RM1.00 , assumed 20%/30% premium rule , base on mother share RM1.40 , warrant should price at RM1.4×1.2-RM 1= 68cents to RM1.4x1.3-RM1=82 cents.
Profit taking activity continues on all stocks in tandem with global ntably china negative manufactring data.... Warrnts had jumped to near .67 cts high on its day 1 ...n perhps some profit tking tday as bursa continues to take a breather....frm.its nov 102 pts high....
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....
Louis Gan
74 posts
Posted by Louis Gan > 2014-01-02 17:23 | Report Abuse
Tmr warrant sure open gap just queue high price to secure it. Don't miss this boat