wow... go go go... actually WC deserve much higher premium due to long period to expiry.... if everything go smoothly as plan, imagine how much gold they going to dig out every month in 2025?
In short and simple, the management of Bornoil is rewarding the loyal shareholders with Bonus rather that cold cash OUT of Dividends. The Issued Capital will increased by 50%. More people are eating the same size cake (unless profit increases by same margin or more in coming Qs) . EPS will drop unless profits are generated and increased by same margin or more, going forward. Not always the price of share would move up after Bonus announcements unless follows by better results and Dividends, if any. ( MyEG for example). The price of Bornoil would be adjusted downwards after the Bonus, meaning more affordable to goreng! Cheers and Gn.
But how can you say bornoil has no liquidity? Even labeling this stock as low liquidity doesn't cut it.... I really don't know what to make of this bonus issue....
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
bruce5113
4,168 posts
Posted by bruce5113 > 2016-07-21 13:38 | Report Abuse
up up up...bornoil-wc... :-D :-D :-D