Lich Lai_1212 your cost is only 10,000 x 3.5cts = RM350. But you will get 20,000 units of OR which you can sell starting on 24 Jan 2020. I think you will still make money since (200 x RM0.20) + (20,000 x OR price) >>?? RM350 22/01/2020 11:44 AM
Theoretical OR price is 0.12-0.105=0.015 Unless OR is goreng up u can only breakeven. There's no free lunch. Those who bought higher than yesterday closing price is in loss theoretically. Only goreng can save them.
i bought last yr 2019, 100k units @0.035, cost rm 3,500 2020 jan 100k units @ 0.04 cost rm 4,000 total i have 200k units cost rm 7,500. suddenly check account show only have 4000 units @ 0.20. only have rm 800. hope u guy advise me.
Nelson case 200k at 37.5 cent.50 into 1 share consolidation.So got 4k shares.If he got Subsribe 1 shares need to subscribe 100 shares.Then got 400k shares.
So many confused today, relax, if u bought today, theres no such thing u have to sell only 1/50 or whatsoever. That only applied for those who have it before 22 Jan.
ismaju1962 i thought OR price would be 0.105 22/01/2020 12:51 PM
After seeing today's price opened 100% more than theoretical ex price followed by limit up I think the theoretical OR price has little importance. Let's si how the market price it.
but the RI issue share will be traded from 28 jan if not wrong..price may drop badly by then.. today and tommorow is the best time for ICON share to make money.
Number of shares was 1,177m shares yesterday. Today, number of shares is 23.5m. Post issuance of new shares, the number of shares will be 2,354m shares.
Market cap prior to ex-date was around RM40 - 60m. New money coming, assuming full subscription, is about RM240m. So, after the dust has settled, the share should trade around 12 sen.
lsg10 you tak kan dapat free warrant. You akan rugi sebab setelah consolidation you punya share jadi sedikit. katakan sekarang you ada 50 share yang you beli pada 4 sen.Kos you 4 sen * 50 = RM2. . selepas consolidate share you tinggal 1 share sahaja. Untuk break even you kena tunggu harga share jadi RM2 . Makan Loti looo
kalau tak subscribe RI => 28/1/2020 will open trade at=> 0.105
So, 1.75 -0.105 => 1.645 / 1.75 => making a losses of => -94 %{Quite hugh losses) Let said you own 3,000,000 shares at 0.035 => RM105,000 (or 50 to 1, you total shares become 60,000 => 60,000 * 1.75 = RM105,000)
On 28/1/2020, the price from 1.75 plunge till open at 0.105, you total shares of 60,000 will worth only=> 60,000 *0.105 = RM6,300 (Making a losses of RM105,000 - RM6,300 = -RM98,700 !
So, borrow monies also must subscribe the RI, Or if not, sold all your OR to get some monies back and keep your shares to goes up till RM1.75 then only sell it !
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sby7768
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Posted by sby7768 > 2020-01-22 12:37 | Report Abuse
nelson_na ...due to consolidated share by ICON ....50/1 share..200k become 4k..start today..pls read all comment today...