Blog: BIMB Restructuring Release Value To Shareholder

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3 comment(s). Last comment by Multibagger 2019-12-28 06:26

gemfinder

6,880 posts

Posted by gemfinder > 2019-12-12 07:28 | Report Abuse

Stil got extra 800m shares la.. dun hapy too early

paperplane

21,664 posts

Posted by paperplane > 2019-12-12 07:52 | Report Abuse

No such thing as par value anymore lah. This guy must he old

Multibagger

155 posts

Posted by Multibagger > 2019-12-28 06:26 | Report Abuse

Warrant exercise price is 4.72, why convert if one can buy mother at 4.45 now? Unless the plan is get everyone to convert, then have to push the mother price above 4.98.
Warrant consists of quite a few large individual holders (appeared since 2016) and i believe their entry cost is higher than 26sen, the SOA may not get approved or BIMB may have to counter with higher price.

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