Miz Raya Bloom operator kuat ini, tak sepatutnya begitu tinggi, IBs bagi 15 sen kalau tak silap, equinas marah tak kot, cuma terkejut macam ku kikiki 24/01/2020 11:03 AM
Hi Mable .. my remisier adviced me to let go before the Ex. whch I did. I also could not understand much of the exercise. if I had 30lots and with the exercise, what would be my gain or still loss? thanks
Mabel only think to convert OR? I think what ctrs to sell to buy more OR which is undervalue by 40-50 sen. Mkt not good if not sure buy more OR is no 1 priority.
@kklim260 Hi Mable .. my remisier adviced me to let go before the Ex. whch I did. I also could not understand much of the exercise. if I had 30lots and with the exercise, what would be my gain or still loss? thanks
Happy New Year to you 24/01/2020 11:11 AM
Your remiser is correct.
This is how ICON Right Issues Works You can match that with your existing lots that you have..
Assuming
1,000,000 shares brought @ 4 sen, total RM40k paid.
After consolidation, 1million shares become 20,000 shares @ RM40k paid earlier.
20,000 shares entitled Right Issues of 2,000,000 shares at RM0.105 (RI Price)
If exercise all RI, total additional fund need fork out is RM210k.
Total shares in hand 20,000 + 2,000,000 = 2,020,000 value at RM40k + RM210k = RM250k or RM0.1238 per share.
Imagine those didn’t opt for RI, they have to forked RM40k for 20,000 shares...
For every 4 Right Issues Share you will get a Free Warrant.
As for the warrant price, we don't know yet. Based on my Serba Dinamik Warrant, the warrant are trading above 40 cents per warrant. The highest bid was 60 and it expected to go beyond RM 1.
@IconForever Mabel only think to convert OR? I think what ctrs to sell to buy more OR which is undervalue by 40-50 sen. Mkt not good if not sure buy more OR is no 1 priority. 24/01/2020 11:19 AM
What's important is know your limit where to cut your losses if required.
rr88 has shared how he lost footing in Dayang. Let's not make the same mistakes. The best way forward is to set your limits and the potential. Please see what I shared earlier this morning so that we can anticipate our next move..
Again, there no right or wrong answers to this one...
Those who promote to buy OR at 0.39, please go to buy and don't remember to show your contract note for purchase. Don't mislead others to get trapped and get burn
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Shareview123
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Posted by Shareview123 > 2020-01-24 10:39 | Report Abuse
A big trading range and high volatility will attract
a lot of retailers to join the game.