Ex date coming monday.... don't keep if you don't want to exercise the OR...Better to sell and buy other shares who don't expire so fast... OR - ordinary Rights...I guess....
at an issue price of RM0.10 per Rights Share on the basis of three (3) Rights Shares together with two (2) Warrants C for every two (2) existing STB Shares held at 5.00 p.m. on 29 August 2014, based on a minimum subscription level of 90,000,000 Rights Shares.
Look at the last line......MINIMUM 90 million OR shares ?!!!
saddiqsepakraga . Do you mind I ask ? Why today our or show dropped 90%. How they calculate the original price is 0.05 and the system show dtop 0.045 until now become 0.005. Can share ? Because I see the system show negative 90%?
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....
anchovy
212 posts
Posted by anchovy > 2014-09-02 11:28 | Report Abuse
1st..hehe