:) Almost 30% premium. That’s why after 2 consecutive days of day trading (incl today), I bought a bit more today after the drop after lunch. This time I may keep
Tomorrow All In for SCIB Warrant... No need wait for Ex-Date lah.
Got Exercise price mean it will be soon. Free Warrant is rewarding Current Investors and if they still want to donate Warrant tomorrow.... it their right....
Hamster, IMHO I think it will have a high T/O based on this evening announcement. No idea what will happen rest of tmrw. Went up 3 days straight. Tmrw Fri. T3 for quite a few
@HamsterHuat, thanks. Actually I am new in market and start invest on Dec 2020. When get 750 unit warrant, I still can sell my 1500 unit SCIB in nice price?
issuance of up to 245,265,000 free warrants in SCIB ("Warrant(s)") on the basis of 1 Warrant for every 2 SCIB Shares held on an entitlement date, which will be after the Bonus Entitlement Date, to be determined and announced later ("Warrants Entitlement Date") ("Proposed Issue of Free Warrants").
@Innerpeacee This is Free Warrant as Rewards to Investors who are still holding the mothershare.
Today closing 1.65, right But Warrant stated if want to convert to Mother must pay Extra aka Exercise price 1.77
You won't convert because rugi mah unless you got insider News that Mother will go from 1.65 to 3.00 next week.
So you take risk, convert, pay 1.77 and wait for 3.00 and then you sell...Profit OR you can Wait for mother reach 3.00 amd then only you pay 1.77 and convert.
Remember Conversion from Warrant to Mother will take about 2 week ya...
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....
xiaojie88
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Posted by xiaojie88 > 2021-01-14 17:32 | Report Abuse
just announced, warrant exercise price RM1.77~