Mother share price increased dramatically in the past 3 days, people who are looking to buy warrant are skeptical mother's price will hold at current levels. That's why the warrants price is still at levels before mother share price spiked. Once people are more confident of the mother share price in a few days time, the warrant price will follow up.
Each Warrant carries the entitlement to subscribe for 1 new GPB Share at the exercise price of RM0.40 and at any time during the exercise period of 5 years as indicated above ("Exercise Period") commencing from and including the issue date and ending at 5.00 p.m. on the expiry date (provided that if such a day is not a market day, then it shall be the market day immediately preceding the said non-market day). The Warrants are subject to the adjustments in accordance with the provisions of the deed poll dated 18 October 2018, constituting the Warrants. Any Warrants not exercised during the Exercise Period will thereafter lapse and cease to be valid for any purpose.This announcement is dated 3 December 2018. You are advised to read the entire contents of the announcement or attachment. To read the entire contents of the announcement or attachment, please access the Bursa website at http://www.bursamalaysia.com
It can be exercised any time during the 5 year period right?
alamak kena con already warrant two weeks who's knows what will happen sometimes one day didn't see the people already die lor..... how to to predict.....?
miaomiao79 I think no hope go down so badly BIG SHARK EATEN ALL THE SMALL FISH. feeling cheated by GPacket play dirty and nasty but we are to easily trusted those call to Goreng. BUY at OWN RISK
Just buy and hold. Scare what lol. Mother drop so little. Even mother with massive drop also dont need scare, prepare your money to average down to 0.005. Sure rebound even more fierce.
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....
Joe8
14 posts
Posted by Joe8 > 2020-05-18 13:49 | Report Abuse
Mother share price increased dramatically in the past 3 days, people who are looking to buy warrant are skeptical mother's price will hold at current levels. That's why the warrants price is still at levels before mother share price spiked. Once people are more confident of the mother share price in a few days time, the warrant price will follow up.