KLSE (MYR): HEXIND (0161)
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Last Price
0.505
Today's Change
+0.025 (5.21%)
Day's Change
0.47 - 0.52
Trading Volume
31,228,400
2024-12-01
2024-11-27
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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.