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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Posted by happyfire > 2021-10-06 20:21 | Report Abuse
coming qr any clue?