I already asked 2 remisiers from 2 investment banks, both they said you will getting free warrant C even you sold your share once start trading today morning on 9.00am
meadow1628 thx for your info.. i gt wrong info mb... dont have any attention to speculate or hide anything... sorry from me.. =) i put my money on iris... cup and hanfle chart right now...good if u alls can check it out too.. tq =)
Those co..are tech & semi-con with main business module and different oweners/director.Whereas this 1..is a sindicate with multi co link..my 2 sens...!
sound u seem to kbow the sindicate.. could u please share some more counter like xox. i means list of coubter that might co link with this xox that we should beware. tq
Just go gocean,dgb,fintex,sanichi....etc.There you can see director shareholdings are similar..GO to background check there are some have numeous multi times of R/I....
Yesterday i bought sone of xox, 500k lot only 500@ 0.10 =:rm50k only XOX is under Celcom sub stract, should be ok. Xox future go to 5G, price will go abv 0.30++ Nestle go rm250 with dividend rm2500 per year
Some will win and some will loose but majority will loose..That is why the operator will keep actively on newbie...my 2 sens..
I find it very strange that if you invested in Nestle and Carlsberg, those are blue chip..confirm making profit..why wanted to dabble in penny stock whereas a lot of gurus don't even touch it..when you say XOX will generate big profit....my 2 sens again...!
Nestle will not buy cos i am old already..maybe will ask my son to contribute rm 500 per month to buy nestle until he reaches 50...thank you for yourinvesting ideas....!
Bgt9963, i bought Nestle 1997 rm12, my age 36 after 2021 , now i am 60 , are u older than me? Haha....take care covid 19...you are so rich, must take care health. I bought XoX bcos worth to buy , 8 mother with 3 free warrants, 500k lot = 500/8 ×3 = 190 k free warrant. Should be Ok, and XOX is under Celvom subscribe, is a good company....
XOX will generate profit bcos under Celcom subscribe, other penny stock i wont buy. I only buy good company as XOX , Celcom subacribe, CIMB, Nestle, Carlsberg... Cimb very low price, i bought i during rm3, now rm4 15, still very low, pls add more qty....
XOX worth to buy, under Celcom subscribe, will merge with Ant group soon. In Indonesia, Xox concur the market abt 85%..
@meadow1628, do you really understand the meaning of “exercise price”? OMG, it is not listing price la. It is the price needed to top up to convert to ordinary share (XOX) upon maturity. By the way, the exercise price for Warrant C is 0.10; do not share old news. Be updated. It has been reported in BSKL.
@khlMUFC , do you know what is the exercise price of XOX warrants B ? let me tell you, it's 0.06 So, exercise price of XOX warrants C must be a way more lower than warrants B, hence exercise price of XOX warrants C will be estimated around 0.02 Since mother share is 0.105 , listing price of warrants C must be a bit higher than 0.105 - 0.02 hence higher than 0.085 So, the probably listing price of warrant B should be between 0.10 to 0.12
For example XOX warrrants B now = 0.065 , exercise price = 0.06 To convert to mother share, you bought warrants B = 0.065 + 0.06 (exercise price) = 0.125
Of cource now you bought warrants B now and convert it now to mother share you will making a losses since it's mother share price is @0.105
We bought warrants is we bought it's mother share's future price uptrend, hence XOX price spike up to above 0.50 , 0.80 , RM1.00 and above then you bought it's warrants definitely will making hugh profits since it's warrants price is so cheap
This is the same for XOX warrants C, we bought XOX warrants C is we forsee XOX's tremendous & stunning future
Reference is made to the earlier announcements in relation to the Bonus Issue of Warrants dated 6 November 2020, 9 November 2020 and 19 November 2020.
On behalf of the Board, Mercury Securities wishes to announce that the Company has resolved to fix the exercise price of the Warrants C at RM0.10 per Warrant C (“Exercise Price”).
The Board had fixed the Exercise Price after taking into consideration, amongst others, the TEAP of the Shares based on the 5-day VWAP of the Shares up to and including 4 January 2021, being the price-fixing date (“LTD”).
The Exercise Price represents a discount of approximately 5.11% to the TEAP of the Shares of RM0.1054, calculated based on the 5-day VWAP of the Shares up to and including the LTD of RM0.1074.
Why do you need to estimate the exercise price of Warrant C? It was announced to BSKL on 4th Jan together with ex-Date (15/1) and Entitlement Date (after 5pm, 18/1)
Just check the timeline on XOX...the director had done PP @ 0.05 with massive shares issue....so the operator have slaughter those who bought for the bonus warrants...my 2 sens...!
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meadow1628
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Posted by meadow1628 > 2021-01-15 16:39 | Report Abuse
I already asked 2 remisiers from 2 investment banks, both they said you will getting free warrant C even you sold your share once start trading today morning on 9.00am