William bought warrants because he has a lot money to convert to mother, when he convert to mother indirectly he pump cash into the company, he believes in Bio potential / value in future maybe bio can give dividend who knows
that way we need to monitor how many warrant they bought, they may goreng more that 0.250, sell off the share on hand and use the gain covert the warrant to mother by top up 0.22, they still earning, FIFO
DONT FORGET...william got lots of mother shares....why he didnt buy mother share directly at 0.190-0.195, but bought warrant at 0.005?????sure he is planing something, and he wont use his own pocket money to top up to convert warrant to mother share,,,that how???? sure goreng mother share, to exchange the shares on hand
That day got 0.205- 0.210, why not sell 1st, for me I will keep for another 1 year. But now better don't move, see what the operators trying to. Play ard
Director pump own money and not via proxy is always a good thing, shows his confidence in the company (can be a show also, if stock market is so predictable then everyone earn big already).
Not necessary going to goreng because catalysts etc not there... some more next year stamp duty is more costly for the big guys...
If based on previous price spike during July 2020 which shoots ~3 times in just a few days, likely that time the public shareholding is very low and the operator could be some player from China because of the 2billion MYR contract acting as catalyst.
Since there is way more public and director shareholdings now, coupled with costlier transaction fees starting January next year, the more reasonable way for price to move up is the company's future earnings. Of course anyone can just say goreng then goreng la, why need so many factors/reasons...
Also not sure if anyone notices it, but recently operators allow lesser transaction volume to move price up/down few bids compared to months ago...
Conversion of warrant must be a reason, can it be interpreted as increase % in shareholding to control the management in decision making etc without giving prior notice to other shareholder. haha... Or William just wanna trap u guys la, most of the bilis will think, this William willing to convert the warrant at 22c, means the share price will definitely shoot up above 22c. If the stock market so easy to read/guess, everyone can be millionaire liao bro
open market lagi cheaper, why buy warrant to convert leh...if he converted..then the avg cost at stock in hand should ard 0.175-0.185+- (assume that he already sold some ard 0.300-0.375, and collected some at 0.180+-), still collecting mode
Again got investors convert 1.6 million warrant to share besides MD. Personally i think the company performance in 2022 must be very good! Can Buy some to hold.
Fact is - william converted part of his warrant only. and the $ flow into the company from the conversion. he has power to decide how to spend the company fund. left hand to right hand, picture clear?
Yesterday BIOHLDG-PA recorded historical high volume -15.9mil and price up by 11%. This is warrant for BIOHLDG. Better monitor & buy at the right time.
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Surewinmoney88
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Posted by Surewinmoney88 > 2021-12-21 21:40 | Report Abuse
The price may shot up to above 0.25 if he buy 21m shares from open market, so the only way is to convert.