Announced yesterday rights @ 1.89 only

No, current warrant conversion price is 1.89, new conversion price after rights n bonus will be about 1.55 n you will get 22% more warrant

They were still using the indicative price as per notice i.e. 1.89, I think it should be around there depending on the price on price fixing date.

Because 122 x 1.55 = 1.89,

Yes they did mention 1.55, n example quoted was 100 wA = 122

Have not log in for a while, I was told that it was mentioned in the EGM warrant will be adjusted accordingly as well i.e. If you have 10.000 wa, you will get 12,200 after the exercise n conversion price will become 1.55.

The Edge recommended 12 top pick counter for 2017, n MKH is one of it!

From the Tomahawk explanation, looks like we will be given more warrants and exercise price will be lower.

The warrant will most likely be averaged out too n will be exercise at a lower price.