Yes lets vote YES to realize the true value of the warrants and to benefit from the capital repayment for those holding the mother share as well. SONA has displayed the right moves and strategy to benefit investors. Lets not take the word of the sceptics who do not add value to the factual discussions!!
Guess someone is pushing down to buy warrant at 0.035 to 0.04 based on 7 sen capital repayment for mother currently trade last done at 0.46.
After repayment the mother will be adjusted to 0.39 and based on 35 sen conversion for warrant, the warrant should be in 0.04 sen or below for those seeking capital appreciation in case the shareholders voted yes.
Capital repayment , if any , depending on the outcome of the vote, will only be paid inQ4 according to the circular. So the upside for the warrants is tremendous. Now I guess They are counting the votes. After lunch will know... Remember MAS?
Yaa,should grab the wa when market reopens. The adjourn of EGM will certainly seal the QA. Higher chance for dissenting shareholders to change their stand. Consent shareholders will continue to do so as the quantum of capital repayment will be more with lesser shares repurchase. Go for WA! Disc. Invest on your own risk.
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....
YC_Ma
907 posts
Posted by YC_Ma > 2016-03-18 17:59 | Report Abuse
hihihihi just hand on your bell wakakakakaka