EFrame exercise price fixed @ 0.42 At current price of RM1, theoretical ex-price = 0.80 Therefore the warrant reference price = 0.80 - 0.42 = 0.38 ! It should easily go limit up on listing
---------------------------------------------------- Adjusting shares price for Bonus Issue for Warrants ----------------------------------------------------
TX = Theoretical Ex-Price (RM) P, Cum Price = Closing Price (RM) on last cum date X = Bonus Warrant (unit) Y = Holding of existing share (unit) EP = Exercise Price of Warrant
TX = ( P × Y ) + ( X × EP ) _______________________ Y + X
#samchong6891 - No, 0.805 is the theoretical ex-price IF EFrame closed on 13/12/22 @ RM1.00 Ex-date for EFrame = 14/12/22 Use the above formula to get the ex-price for EFrame Listing for EFrame-WA = 27/12/22
So the reference price for EFrame-WA will depend on the closing price on of EFrame on Friday 23/12/22. Reference price for EFrame-WA = Closing PX on 23/12/22 minus 0.42 (Warrant Exercise PX)
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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....
happyfire
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Posted by happyfire > 2021-10-06 20:21 | Report Abuse
coming qr any clue?