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2019-12-26 20:02 | Report Abuse
divine,
bsngpg is correct. the price for Perdana mother will not been adjusted again when the PA listed next week. the adjustment already happened during the Ex-date.
I noticed comments on PPB was least favor for Rights subscription, and price for PPB mother also was pressed < 0.37 until the Rights subscription dateline on Monday.
However, the price started climbing up on Tuesday immediate after dateline closed.
I would see this as tactics of Big fund want to sapu the "unsubscribed" PA @ cheap price of 0.325.
Today PPB price continue raise to 0.41 ... I believe it will continue up trend for few days to ensure PA opening at 0.4++ too.
Expecting some degree of goreng may happened during the PA listing day next week
you actually can see the engine started immediately the Rights subscription dateline closed.
Stock: [EDUSPEC]: EDUSPEC HOLDINGS BERHAD
2019-12-15 20:47 | Report Abuse
Rio2814...
You must count the exercise price during conversion too...
For Fintec ... current Fintec mother = 0.055
To convert mother share with Warrant A
You need to pay extra $0.30 + Warrant Price @ 0.015
Total = $0.315 / unit ... Now Fintec only $0.055 ---- Loss 500% if you convert with WA.
To convert mother share with Warrant B
You need to pay extra $0.15 + Warrant Price @ 0.020
Total = $0.170 / unit ... Now Fintec only $0.055 ---- Loss 300% if you convert with WB.
For Eduspec... current Eduspec Mother = 0.030
To convert mother share,
You need to pay extra $0.05 + Warrant purchase price @ $0.01
Total = $0.06 / unit .... Now Eduspec @ $0.030 ---- Loss 200% if you convert eduspec WB