Looking at the high trading volume of OR last week. We expect new substantial shareholder will emerge. This new shareholder shouldnt be here for nothing. Expectation is mothershare should rise at least 50% before 29th Oct.
Another point to note, there are Hexind WA which will be expired in December 2021. Previously the Ex-Value is 0.300. With this Right Issue exercise, the Ex-Value for the Hexind WA will be adjusted to 0.160. Assuming that mothershare pass 0.200 before 29th, just imagine what will happen to Hexind WA. This expired to be warrant is quite risky, but will be much much worth it.
Posted by maxhoi > Oct 20, 2021 5:17 AM | Report Abuse
Hi, I don't think there's an adjustment in the excercise price. Please check. you wan
============================================================= There is an adjustment for the exercise price. You can ask whoever buy it before the exdate. They got the letter. I already saw it.
Closing at 160 making a candle hammer. This means also closing green for the weekly chart with 3 consecutive weeks! 3 White Soldier if i must say. Be patient, bullish is coming.
Who wsnts yo convert if ptice stays at 16 cents? It is not worthy at all unless yhey push up mother to at least 18 crnts and beyond. But I think what they wanted were people subscribing to the rights so that they can get the maximum from shareholders
Now that they suceeded in the ri subscription, I am worried for holders if they can sustain at this price when the additional 5x shares flood the market on 29th
They need to push at least once before 29th. That's how it should work. From TA point of view, that should be happen by this week, between Monday to Wednesday.
21% of the original shareholder did not subscribe to their entitlements. the slack was taken up by the excess shares applicants. If you can answer who took up the slack, you will have the direction. As it is, there is already a 20 to 25% premium of the current price over the 12 sen subscription price.
Posted by kfliau > Oct 24, 2021 11:07 AM | Report Abuse
Now that they suceeded in the ri subscription, I am worried for holders if they can sustain at this price when the additional 5x shares flood the market on 29th
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....
Bangsabursa
233 posts
Posted by Bangsabursa > 2021-10-19 22:30 | Report Abuse
Looking at the high trading volume of OR last week. We expect new substantial shareholder will emerge. This new shareholder shouldnt be here for nothing. Expectation is mothershare should rise at least 50% before 29th Oct.
Another point to note, there are Hexind WA which will be expired in December 2021. Previously the Ex-Value is 0.300. With this Right Issue exercise, the Ex-Value for the Hexind WA will be adjusted to 0.160. Assuming that mothershare pass 0.200 before 29th, just imagine what will happen to Hexind WA. This expired to be warrant is quite risky, but will be much much worth it.