With Mother share 1.61 & warrant 64cent , warrant only trade at 17% premium , with a good prospect co & 54 mths to maturity , it ahould be at 25-30% premium which is 1.61x 1.3 = 2.09 , 2.09-1.25 ( conversion price ) = 84% . If mother hit it target price by Kenanga 1.98 , warrant should worth 1.98x 1.3 - 1.25 = 1.32..
akupolitikkk" warrant not entitle bonus issue. SELL"
If there is Bonus, Warrant will always be entitled for Bonus. Further more, the warrant conversion price will also be revised downwards accordingly.
Example: Mother: 1 to 1 Bonus. Warrant will automatically have 1 to 1 Bonus. The Warrant exercise price to mother will be adjusted down to half the original exercise price due to increase in number of mother shares due to 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....