Posted by terminator88 > 2015-07-13 16:10 | Report Abuse

Datasonic call warrants tumble as out-of-money

Monday, 13 July 2015

By: JOSEPH CHIN

KUALA LUMPUR: Datasonic call warrants (Datasonic-CB) were among the losers in Monday morning trade as they were out of the money following the decline in the share price.
At 11.08am, Datasonic-CB was down 16.5 sen to 4.5 sen. There were 187,400 units.

However, its share price was unchanged at RM1.06. There were 187,400 shares done at prices ranging from RM1.05 to RM1.06.

The FBM KLCI fell 4.88 points or 0.28% to 1,710.70. Turnover was 614.24 million shares valued at RM349.65mil. There were 313 losers to 188 gainers while 246 counters unchanged.

The call warrants were listed on March 26 and expire on Jan 25, 2016. The issue size was 100 million units and issued by Kenanga Investment Bank Bhd.

The conversion ratio was 1.5 to one. The strike price was RM1.25.