What is mean by "remote event" under this statement"qualifying acquisition is a remote event"? can explain? If this remote event, then means the warrant is no value at all?
seeing it the warrant + conversion still far far from the mother share, means the warrant is not really attractive and may contain risk. I think have to watch out. I just don't understand what is "remote event". May be need someone to explain and why "remote event" will explain the warrant is not attractive.
Does this mean like this ka .... Hmmm .... I want to buy the mother share but too expensive at RM 2.10....... So i buy 1000 warrants, 1000 x RM 1.18 = RM 1180 and then i exercise the warrant at 50 sen each,..so 1000 x 50 sen = RM 500. ... Therefore now i can have 1000 mother share at the cost of RM 1180 + RM 500 = RM 1680 or at RM 1.68 per share? Sudah untung 42 sen lor ...is that a correct calculation? Somebody help me ... If yes, how to convert warrant to mother share?
puzzling. their investment in Lime is solid, the new signed contracts are legitimate....yet the stock does not move. I believe it is punters distracted with other newsbreaks or investors seeing too many opportunities, worried of spreading too thin or the SPAC is too foreign to comprehand. i would focus on the strength in fundamentals of the acquisitions and contracts.
Anybody know the conversion of warrant to mother share is after the expiry 24/7/2014 or the conversion only happen after the Lime acquisition is done and dusted ?
from the website you can confirm that there is no 20 days conversion period. it only takes 8 processing days from completion of the acquisition which is underway now. everyone here can get all the info i got from the company website to make a firm investment decision.
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Posted by cheese > 2012-04-13 16:48 | Report Abuse
What is mean by "remote event" under this statement"qualifying acquisition is a remote event"? can explain?
If this remote event, then means the warrant is no value at all?