The market maker is shorting the counter, and by doing so he is controlling the situation for the upcoming Q report as means of mitigation.. Its easier to remove the traffic barriers now than the day after the report release, where in the selling frenzy might be chaotic to handle. In all probability, the Q report might be released this evening, knowing that Bahvest is usually catastrophic only for one day. Bahvest usually preempt negative consequences before it occurs. As a reminder during the Wagner invasion, it created the havoc and panicky situation with the prices, announce in the evening and walla, the next day it advanced, like nothing actually threatening had inflicted the company operations.
BTW notice the 32 sen morther and 4 sen Warrant price. The market maker is protecting it as sacred, perhaps the purchase price benchmark, each done by Frederick Chong. In fact I think the momentum has also slowed with respect to selling.

Wow, Whats happening. I just drove and returned from Perak due to my routine monthly excursion, about 2-3 days to places that has no inter connectivity, palm oil plantation (2023, yet seems like we still have caveman syndrome due to Telco's profit priority). And without my PC I will never explore and respond to threads via H/Phone, stressful to my eyes
I cant say much about the Bahvest run today, except reproduce my message last week to inquiries from Hebat Jebat.

HebatJebat wrote:
Estimate Bahvest will turn profit in Q1FY2024?

My response:
In all probability, report will go public viewing last 2/3 days of the month. The input from Musa Aman on the compulsive KlepGoldcrat activities of,Dracula, month after month a squandering thief, and with production down time end June from Wagner invasive disturbances, these will encumber profitability. In fact, Bv changed their year end to June, to sort of disavow responsibility of the period of operations between March and June.
If you are holding beyond August, might as well just overlook the outcome of the report. Consider it as noise and inconsequential. There seems to be no let up in BV's price ascendancy from time to time, INNO is still buying and Frederick Chong just bought at 32.3sen recently.
If you are a bit nervous, perhaps sell on the last week, take a break and load again once the dust has settled, a couple of days after report. Don't wait too long, as Bahvest on record recoil and recovers fast.

Before I set off to Ipoh on Monday, I have cleared all my warrants at 5.5 sen ( I dont hold mother share anymore since I sold about 3 weeks ago to equivalently buy warrants). Since i wont have access to the markets, and coming up against a formidable restriction, the Qtr report, thus i decided to go according to my own advise.
Ok, just got back, wanna rest a bit, get something to bite and i will look thru the market second half, not via live streaming, as i dont maintain one, but from delayed 15 mins Bursa quotes, which is good enough. Meantime, i will continue on this thread later.

kk7198
https://www.facebook.com/groups/racingaustralia/permalink/7345644888798281/?ref=share&mibextid=NOb6eG

Events such as these, as it gets entrenched firmly in the minds of the public as an accepted norm would inevitably develop into an established social culture. Could Australia do without horse racing, be it the Melbourne cup, or whatever? As a prime symbolic identifying lifestyle, definitely no, and to borrow an adage used by Joyvest, not in a million years. 😁😄😄

The movie Seabiscuit is invoked to memory. The epic battle between War Admiral and Seabiscuit at Pimlico, the turf of Preakness Stakes in Baltimore, was supposed to be a closed private affair as proposed by War admiral's owner, Sam Riddle. The utterly confident Sam expected War Admiral to easily outpace Seabiscuit, and win, thus save the owner of Seabiscuit the embarrassment of losing, in all probability, by a huge margin.
Instead it was Charles Howard, Seabiscuit owner that mooted the contrary, as opposed to that. Charles wanted the race be made open for public viewing irrespective, so that all can enjoy this momentous history creating occasion in bearing witness to the clash of the titans.
So the culmination of this epic confrontation made history written, that Seabiscuit ridden by George Wolf nickname "The Iceman" leaves War Admiral biting the dust by 4 lengths.

Perhaps Malaysian horse racing fans and punters will never get to see live, as MRA will never have the capacity to attract GM or MM to compete in our shores, simply becos prize money is small by virtue of exchange rates.

KK, More of a warming up, run of the mill event, looks like nothing serious really. My only distaste is the issue of running to the ground for Golden Monkey and Mr Malik. The horse racing scenario in MRA and Singapore is pathetic, that big money events are scarce, thus we witness GM and MM in pursuit of races such as lion City cup over 1200m, which is not their pet distance. Thus these horses have to undergo very rigorous retraining and adjustments to accommodate and mold them into speed machines over these sprinting distances. More so for the prize money and coveted title than the welfare and longevity performance of the horse. Typical ROI business approach. The video is run of the mill event. while the horses are being planned to be the mill run to the ground.

KK7198
Though it happened close to a century ago. the tragic passing away of Phar Lap could be disease induced especially running in this classic race on foreign land. Or would have been foul play, with slow release carcinogenics administered, that took its toll days after the race Can only speculate: new stable facilities, new stable hand and elements of horse security, whatsoever. Sad, of the demise of only a 6 year old legend.

MarioBros
Sideway already. Someone is collecting at 365. Most probably Inno or Frederick is buying. Expect to soar next week and broke the resistance

Today's volume traded is perhaps lowest recorded since the day when the assassins initiated the process of unseating Dracula from his throne and his banishment from Bahvest. So what happen to those tens of millions of shares that were witnessed within the last 2 days. Or did they convert it and use as incense paper, as an offering and as a mode of communication with the deities to help them chase Dracula and the cohorts of vampires for good.😁😁😁 ......Its anybody's guess! 😎

KK7198
Phar Lap is one of the most talked about legend,close to a century old that we will never be able to witness to see his glorifying moments. They made a movie under the same name title.

HebatJebat
What a great wash yesterday...suddenly dropped to 34 cents😅

Yeah, the factory worked on intra day separate shifts. The first was making cheese, churning the 320 kg milk multiple times to produce a protein cake with texture hardness profile ranging from 34 mm to 40 mm. Then cane the laundry bed sheet wash operations using a Panasonic bottom top loading 20 kg load. Very good, hitting 2 birdies with one boulder.😁😁😁, while they made their money from the churn they also performed parasite eradication and extermination job.

MarioBros
So gold price already break 1900 level again. Does it affect Msia market?
Of course it will. So when the aunties and the makchiks visit the goldsmith shop they will be buying against a lower spot price for gold.
If you wanna know more, wait till the spot price for gold go down to about 1800. Then the Aunties and Makchiks will be queuing up at the goldsmith. Mind you, they dont even trade in the markets but they are well informed. And here we are talking about TA lar, FA lar....

Anisbin
It is not that Bursa follows the overbought DJ, but that the run up of Bursa about 2-3 weeks before the election made it one of the best performers during that period. Recall that Bursa gained approximately 100 points about 7% in a spate of about 2 months. And today's drop of about 1% or 15 points is long overdue. Most of this week gainers especially property were jostling for positions, but in the last 1/2 hour, some made headway up.

As for Bahvest, which just achieved about a 30% increase without any let up since Thursday last week, quite naturally when sentiment highlights uncertainty, the best recourse for the market maker is to short the counter, while doing spring cleaning and opening future upward paths with lesser mitigated resistance. Whether up or down, market maker will make the money. The volume of 50 million shares is comparatively larger than usual, as Bahvest only do this as a one day affair spread over about 15 bids.

Tomorrow is Friday, perhaps consolidating.. Although there will be intra- day movements, in worst case scenario it will close about one bid lower. With best case, it will move up one bid at the close. The thrashing, mind boggling event, at Bahvest as previous, is usually a one day affair.

anisbin

Warrant can get at 5 sen before lunch time... Managed to buy some lots... Now cannot get...😂😂😂
5.5 sen/6 sen liao wo...

Wah...I buy from you can ah.....discount la 4.5 sen. Pay next year can ah?.....😁😁😁

cicakman
Moon,buncit still alive ka?

bro, dia bukanya kaki stock market. Ramai kat sini yang lebih celik dari dia. Dia nak kacau INNO, jauh rendah pengetahuan dia dari INNO, dah lah tu INNO yang londehkan dia dari shareholding BV. Dia nak balik ke BV pun. buang masa dia. lagi dengan court case dari BV dan kes seludup gold yang melibatkan MACC.

hahahaha,, Now i look see look see, so again we have Bahvest going thru another round of only noise, noise noise. Last round Bahvest wins the award for the the most exciting and dramatic thriller for 2023. Another award must be given to the market maker for being best director for creating and producing the sequel of suspense thrillers in the Bahvest episodes. This fella, the market maker, is more frightening than Dracula.

B4 I take my leave, consider this. When BV were moving up in many recent occasions they only traded about 30 over million shares. But now today, half a day it is already 40 over million shares. So INNO actually have a number of basket ball players in his stable, is it not? 😁😁😁

For those that cannot stomach the blood to be spilled on the streets this afternoon, go do something else, dont bother about the screen. It makes no difference, because come what may, the outcome in the evening will not change. I dont have the balls of steel and heart of titanium, thus I dont maintain a screen. So good luck people.😁😁😁

MarioBros
Bro recollect and reinforce your emotions and be steady. It is not easy. In the stock market as I usually say, there are no heroes, only survivors. Consider for a moment that INNO holds close to 12%, and Frederick Chong bought at 32.3 recently. Bro, this outfit is not looking at 40 sen and then close shop. But neither did they indicate that they wanna push the counter like there is no tomorrow.
The 39 sen purchase, if you cant handle it, just take a one time hit, impairment or alternatively pick it up. Instances like this are bread and butter, nothing new to a stock players life.

MarioBros
Doommm.... Have to wait another 1 month to get back to 0.390. If only. This is worst....

Bro, first time experiencing? Be prepared for another at the release of the QTR report. Notwithstanding any bad news coming out this evening, you will be surprised at how fast, BV recoil and recover, usually.
Ask yourself,, you buying Bahvest for a quick run or what? What sort of expectations do you have? If you are looking at a longer period of time, then why despair over this temporary aberrations..
Bro, with Bahvest, you buy, throw it under your bed,, and dont bother about what happens day to day. If you are looking for fast trades Bahvest is tricky, try the property counters.
I may not be right, but with BV I dont trade, I dont even know where I kept it. I trade on a weekly period with property counters.

This is the rear mirror that you do not use when you focus too much on the numbers portrayed on screen. Scan thru and Look at the totality of the market. Bahvest is not the only counter that is down. The property and construction movers that were advancing higher all pulled hand brakes and some even reversed. UEM, MRCB, Ekovest,, even SP Setia had to compromise and gave up some gains position.
Well, if by now what Bahvest does is considered new or foreign to the taste and risk appetite, welcome to the dark side of things, and its only a matter of getting used to it. Since when was a journey in Bursa pleasant?
And BTW, Cicakman is right, forget Nylex and Awantec becos both will be victims of the long goodbye, caste to oblivion by Bursa.

Are we gonna see another late afternoon run by Bahvest? I hope he stays just below 10 million shares traded by lunch time. And then use another 15-20 million shares trading for the upward move.

youarewelcome88
This talk about the China mainland property players debacle has been in the air from last year. From time to time this will make its media appearance as one of the stimulus creating some fervor or cause of concern and then dissipate., like smoke from burning rubbish. Anything in China, is not that threatening, becos that is one country capable of solving their own problems, what more they are flush with funds.
In reality, bursa in the last one moth or so can be considered as one of the most stable markets, despite Wall Street and Europe gyrating listlessly. At this current level, Bursa is more susceptible to change in tandem with the nation's internal issues. What more, we have regulated short-selling, and not huge foreign inflow. BTW, foreign inflow is not really foreign, like Black rock, or JP Morgan or whatsoever, its is just foreign institutions located in Malaysia like OCBC, HSB and Chartered bank. Real Foreign Players will just bypass Msia. better go to Hang Seng where heads or tails are without restriction.

KK7198:
Just read it: Seacera waived from R plan submission. Woah, pakai magic or bomoh?....Why the media never give full story, always inviting skepticism among readers. Hmm.....

kk7198

moon, can bet on Seacera too. PN17 lifted today. They had settled debts owed to AmBank. Afterall, they posted small profits in each qtr. They have a valuable land bank in Semenyih. Ytd closing was 0.205

I dont think the market maker will be kind enough to allow retailers to buy at exit price of PN17. They will push it up to as many bids as possible. Not an easy decision to make. Must look into the regularization plan and what they have in store in the future.

kk7198
Comrades, any chance to break 0.40 sen and then 52weeks high of 0.415 sen?

Bro, i think this historical data, might only apply to Bahvest under the previous trainer and stable owner. The Bahvest now under trainer Uncle Fred for Kretam stable is planned and slated for a better future. 40 and 41.5 sen is a transition. Bro there is something being brewed in Bahvest that will only be known later. How else could a company with mediocre financial fundamentals have Frederick Chong buying at 32.3 sen and INNO owning about 11.5%. And previously, both acting in collusion to dethrone Dracula.

KK7198
............moonslayer274, his profound knowledge does help here...............yeah yeah, Bro this is not the oracle for stocks nor the Income profiling of the chow yuen fatt or God of shares.😁😁😁
1) Anyway bro, if you perform mathematical averaging of your portfolio, the bigger the base of the previous purchases at lower prices, that will lower the buying price of your intended new purchase, depending on the volume. Eg. if new purchase is at 38.5 sen,, your final new average is definitely lower. Would be good if you determine, your Bahvest portfolio average. You will be surprised by the effect of averaging, an essential practice of the market maker.
2) Bro, price is approaching "in the money" for warrants. And you are acquainted and know well how warrants behave and provide better multiplier gains than the mother, if the exercise price is activated for warrants. Since, the mother share has upside potential, perhaps include warrants in portions of your planned purchase, according to your risk appetite.
3) Bro, as Bullballs puts it, that Uncle Fred has to acquire about 30%, Currently in their total inventory of the corporate raiders are approaching 20%. Bro, do you get the feel, that the public spread is getting thinner? And if they acquire another 10%, the public spread for retail purposes will be lower and reduce the probability of any disruption or disturbance in their objective to advance higher. This is one reason that Bv characteristically now runs very silently upwards with only 20-30 mil shares, without attracting much retail attention. These are typical of counters with more room to move higher
4) This is Uncle Fred's new endeavor now. He has reputation to uphold and a legacy to establish and continue in Sabah.
At the current price, even at 45 sen, a heavy metal miner with a longer term potential is considered cheap.. However, we might encounter a slight setback end month due to the Q report release, which was during the twilight pre-exit reign of the menacing and marauding vampires under Dracula. In worst case scenario of the report, if you go on longer term, just consider it as noise or temporary aberrations, which Bahvest has proven time and again to overcome. His quest for glory is the dynamics that we see to fulfill his destiny.

cicakman
Bye see you next week.

So pergi mana, thurs and friday, off to Kalimantan?

anisbin
Warrant got so many sellers...

Bro, that's what you consider as "knocking at heaven's gate."😁😁😁

KK7198
This is not even yet the coming of age of Bahvest, and yet the manner in which he held the competition at bay, that warm up run is proof of his quest for greater glory.

Bullballs
What about monthly production report? Is it a requirement?

Not too sure Bro, but knowing Gomen and the need to collect taxes ASAP, perhaps it should be a monthly routine. But thats between BV and Gomen, but all this will be featured in the bursa report as in GAAP requirements.. Well even personal income is bound by the PAYE (pay as you earn) system.

fl888
Yong talk like this....Bahvest got shocked...now ok...

We are watching... we are watching... got him covered...😁😄😄
Perhaps that was the strategic move to build up base volume, to be in the top 20. The property horses looks not interested today. Only one prominent horse now Ucrest. Reckon that will also lose steam by the end of the run. Watch out for the O&G horses, no big runs but the cluster might dominate today.

HebatJebat
Estimate Bahvest will turn profit in Q1FY2024

In all probability, report will go public viewing last 2/3 days of the month. The input from Musa Aman on the compulsive KlepGoldcrat activities of,Dracula, month after month a squandering thief, and with production down time end June from Wagner invasive disturbances, these will encumber profitability. In fact, Bv changed their year end to June, to sort of disavow responsibility of the period of operations between March and June.
If you are holding beyond August, might as well just overlook the outcome of the report. Consider it as noise and inconsequential. There seems to be no let up in BV's price ascendancy from time to time, INNO is still buying and Frederick Chong just bought at 32.3sen recently.
If you are a bit nervous, perhaps sell on the last week, take a break and load again once the dust has settled, a couple of days after report. Don't wait too long, as Bahvest on record recoil and recovers fast.

Bullballs
I am still waiting for the fish seller to appear in court.

The day of their reckoning is inevitable. Meantime they might develop anxiety and high blood pressure, knowing that the spirit of justice is breathing down their necks. For all you know, out of fear all will suffer complications and become vegetable and listless.

Wah why so quiet. Why, disappointed because PRN football score was 3-3. and not 5-1, in favor of Hardy AwanK and Jessie Mudin. Last, i got news that they have applied for Pasar malam licence to conduct fish selling business at Selayang, Pasar Borong. But now learning to ply the trade under the guidance of fisherman code-named Dracula, which they say is from Tawau. 😁😁😁
Looks like all great people, on retirement, like to sell fish, hmmm.....

youarewelcome88
Disclaimer: do not adopt this strategy to alter your current portfolio now, as the buying price that I bought was the at the average 4 sen level. now is 5.5 sen. Since this is the same counter, your appetite for risk is the determinant.
Only if you wish to make future additional purchases, then you could try a mix portfolio of mother and warrants or outright warrants.
BV Warrants have a different movement dynamics and if you are a live price streamer, the warrants can be frustrating and boring as hell. I can live with this strategy primarily becos i dont maintain a live stream pricing of Bursa counters. If I wish to check prices, I look into the 15 min delayed price quotes at Bursa, that's all. The reason is I am not a moment to moment trader nor a T2 player.
.. only applicable to BV Warrants. Correct Bro. Becos BV mother share is approaching the price of 43 sen where warrants are considered to be in the money.

KK7198
Well said, moon. Definitely will buy to 1,000 shares if only....that is the saddest English words. Nvm..50% is still good enough. Cheers!

Alternatively, try going backdoor. Use the outstanding cash intended to purchase more shares and maybe restructure the portfolio to either 50/50 or 60/40 mother share to warrants ratio in RGt values. If the mother share is perceived to run positively, the warrants acoompanying it will help you secure more mother shares without even exercising it.
My portfolio now is 100% warrants, only 3 months at the latest before expiry in Aug 2024, I will sell all and convert to mother share. If everything goes well with Bahvest, come June 2024, I will hold 100% mother. For the worst case scenario in the run up to expiry, the mother loses a little, but the warrants become totally impaired.

kk7198
@yourarewelcome88,bro...it is possible to become a millioaire if you dare to follow MarioBros to sailang underwear.

Comments:
1) Uncle Fred's shopping spree appetite for BV are showing glimpses of similarity to his interest of holding about 50% KRETAM. His other stake ownership in Borneo, Priceworth and Destini is just ordinary purchase, unlike Bahvest. With Bahvest he uses his INNO to become substantial and largetsshareholder , an investment holdings company as his vehicle. Could Uncle Fred be lining up Bahvest for some other mining projects in the pipeline for the future?...
2) Frederick Chong has no record of psychological imbalance to purchase warrants with a year expiry period as the risk factor. Spending 120K for 3 mil shares, might not be a big thing going for him, but still why buy if you do not see the positive change coming. Could we say, that as we speak, the assassins have identified and are gunning for a bigger prey.
3) Bahvest is only a Co at the tip of the iceberg among the top miner players in the world. Literally, only 1/8 of the iceberg is perceptible over water, and the size of Bahvest is only at the tip. In my view, 35 sen is like an entry IPO for this future potential miner. Bahvest is only about 5 months old. The period b4 this is utter nonsense, rubbish being created and spewed by the unscrupulous blood sucking and thieving flying marauders, led by Dracula.
4) As usual, the future of mining heavy metals and REE is still intact. Its only our nation that has not yet fully awaken to this reality, due to unfounded fears.
An entry point of about RGT 100K at 35sen per share will produce wealthy people if it ascends to RM 3.50 in the future. On the time span: well only God knows. But among the 3000 over companies in Bursa, Bahvest holds a potential position equivalent to Equinox to achieve this feat, if you know what i mean.....😁😁

kk7198
moon, enjoy this reel...Equinox is still the leader.

I think most of the Longines big inclusive races are almost over, that's the reason for Equinox to be the leader. Hukum only recently won in a 7 horse race (cant remember the event) when the others did not compete, and he has clinched a place in the top 5..
In all probability, Equinox will be top horse 2023.

kk7198
moon, Bv is sure the most exciting and dramatin company of the year 2023. From the lowest of 0.095 sen and it closes at 0.95 sen in Dec 31. Btw,where is joyvest? Better join us to recover your losses in other counters.

Fuyoh, if by December hit 95 sen, Alasako, FL8888, can queue up and collect your money: For simplicity warrants will be 55 sen, with 3 sen premium. Wah KK, with IK lots in hand, purchase price average 4 sen, both Alasako and Fl888 will be collecting net close to half mil each.
a) Alasako and FL888: please send us Starbuck coffee by E hailing services to our respective houses where ever, for a duration of 15 days. No problem ma....😁
b) Reserve or make provisions for Melbourne trip: Duration 7 days
Air Return Business Class: 13K
Hotel 7K
Daily living expenses: 7K
Other misc. expenses: 15K
Total approx 42K. not bad eh.... all paid for by courtesy of Kretam Assassins. So there are actually good hired killers, that work for us, is it not?.....😁😎

Joyvest has already burn the bridges to Bahvest, swearing under oath never to return, and now looking for newer greener pastures to lay her new foundation in consulting, professing to clients her ever unique trading dynamics to achieve success in markets.😎😚

Jangan lupa ya! Caste your votes tomorrow while choosing wisely. As for me Bahvest gets my vote, as most exciting and dramatic Co Of the year 2023.😀

MarioBros:
you are among the richest people i have come across. Normally people will sell their house, land, jewelry, or expensive vehicles to raise seed cash. but you need to sell your underwear. Where did you buy this underwear from: Poh Kong, Tomei, Habib jewels.?....😁😁😁

cicakman
What you want are on the horizon.
Ini Bahvest Philosophy ka Bro?

Alasako

spyking : i rugi a lot since 0.375 dump untill 0.10 ... i manage to enter 0.12 but then bullet not enuff to blast so i grab warrant . so now i am earning both which cover all my loses plus profit . HEHEHEHEH

So buy us each coffee at Starbucks! 😁😁😁

When the price was driven down to 9-12 sen, that was initiated by Kretam's market maker shorting process, it was a way of forcing Dracula to come out into the open. That was the way to flush out Dracula, because his shares were nominee shares which the know have been pledged, and thus he was overwhelmed by the margin calls, or else top up. And BTW, in haste and frenzy of panic selling, he unloaded everything within a spate of few days, and that is why we predicted he will be only wearing diapers on that particular Friday. And Dracula is not a market player. Would you think that unloading off the mother shares like crazy, and now seeing nominee warrants declining near worthless, he still have time to think about keeping the warrants, daydreaming that it will be driven up again.? And why keep warrants, knowing the exercise price is 42 sen, for conversion, when a while ago you dispose of all the mother shares like there is no tomorrow.
So I leave this with whatever that can be concluded on the matter. In my opinion, Dracula's warrant issue is sublime, not a threat.

Alasako
That time … mother share half die . So gamble 40 k on warrant try . Hehe

Lets do a simulation. Say mother reached 50 sen in November. Assuming warrants with premium of about 5 sen, due to about 10 months b4 expiry, will produce a 12 sen warrant value. Thus with 2000 lots you will cash out 240K.
Now convert to mother share: you receive about 480 lots of mother share at 50 sen value.
The equivalent of te mother share bought initially is still 307 lots at 50 sen.
That is the power of the warrants when they are in the money. Why do you think Frederick Chong bought 3 mil shares from open market at 4 sen then?...... 😎😍

Another aspect to consider. The market maker for warrants is not INNO, but the underwriters for warrants. When the mother is active, why will the market maker of warrants not participate and create an active market for warrants. Surely it will not give up the opportunity in the event of making investment income from trading activities. At the same time, the underwriters are also warrant killers. But for as long as the mother is on an ascending trend, the warrants will also actively participate,albeit in their own technical trading pattern.

spyking
moon...who dare to buy warrant at 0.02? i wonder

I know who did! the one and only FL888. I was skeptical at first, but after he bought, it became an eye opener for me.

spyking
buy warrant now at 0.055, will sell next week at 0.045

I am not an influencer, a provocateur. I have never asked people to buy. I am just putting forward trading perspectives in a light that can be easily perceived, rather than just gut feel.

On Dracula's warrant inventory of about 80 million pieces at few sen, its a one or two day affair for market maker to mop up. Classita everyday doing 200 -300 million shares per day, irrespective whether playing basket ball or not. So if Dracula wants to put the warrants at ransom to instill fear to the market, tell him to go fishing better, The market maker is waiting for his lots and laughing.

At hand 40K
buy warrants 2 sen. total lots 2000 lots
Buy mother share at 13 sen: lots 307

Profit today: warrants 3.5 sen x 2000 lots = 75 K
mother share 23.5 sen x 307= 72 K
Once the exercise price is breached and goes higher, the warrant multiplier effect gets more dominant and pronounced, no way can the mother beat the warrants.
But if prices caves in and go below ex price at expiry, then warrants become impaired.