Just sharing - Warrant expiring 9/5/2017 @ conversion RM2.06 1:1. Buying into warrant is hedging the future mother's price at a lower entry cost. For reporting purposes, currently the MFlour WB carries no money. Warrant wld be at a disadvantage if the expiring period is nearer. Minus a hostile take over of MFlour, I don't see any other way you can make money by buying into warr. now.
Warrant has no money but if there r big investors wanting a stake in Mflour, buy in warrant is the best choice to accumulate becos of the trading volume . Mflour (mother share) is very low traded.
Newbie here. So anyone can tell me how to exercise the warrant ? Do I need to top up until the exerc price of RM2.06??? Or it will auto deduct from the share? Or how?? Any fees for that ?? Because I just received a letter from mflour.
Just forget about it .. move forward with another good ethics of company band management .. not worth it to convert .. even directors sold a lot of their warrants or company one .. since January but the news only available in April ..crazy ..
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Posted by Abudance > 2014-09-23 08:08 | Report Abuse
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