Conversion of wb to mother share takes 10 trading days. Wb price 0.025 Conversion price 0.06 Total cost 0.085 Mother share price 0.145 Profit 0.06
============= Possible scenario when mother share credited to cds account after 10 trading days :- 1. Make profit if mother is above 0.085 2. Lose money if mother drop to below 0.085
mother share may see-saw between 10sen - 20sen,.......warrant unlikely to change much,......waiting for you to convert the warrants to mother shares,........
Name FITTERS DIVERSIFIED BERHAD Indirect/deemed interest (units) 201,000,000 Indirect/deemed interest (%) 13.255 Date of notice 14 Jul 2022 Estimated Free WB = 67,000,000
================= Name SANICHI TECHNOLOGY BERHAD Direct (units) 198,166,666 Direct (%) 13.068 Date of notice 13 Jul 2022 Estimated Free WB = 64,555,555
================= Name BCM ALLIANCE BERHAD Indirect/deemed interest (units) 101,000,000 Indirect/deemed interest (%) 6.66 Date of notice 13 Jul 2022 Estimated Free WB = 33,666,666
================= Name BUMI RESOURCES HUB (M) SDN BHD Direct (units) 84,333,333 Direct (%) 5.561 Date of notice 13 Jul 2022 Estimated Free WB = 28,111,111
================== Name CITA REALITI SDN BHD Direct (units) 287,801,666 Direct (%) 18.979 Date of notice 13 Jul 2022 Estimated Free WB = 94,888,888
================== Total WB listed = 433,187,525 Estimated total WB held by substantial shareholders as at 13 Jul = 288,222,220 (66.5%)
since the big shots are so cunning smart,.......beat everybody down,.......why not use your intelligent to run mtronic business properly,......i believe you can run the company as well as lee kah sing,......you can become more richer than what you are doing now,.......
let see any support at 10sen for mother share,.......if no support,......it may fall to 6sen or lower,.......mean the big shots abandon the ship again,.......repeat the same old thing, disaster for mtronic,......
Be rational even a pekaq kanger WB quote 1.5 sen - 2 sen . emak only 4 sen this is a very a speacial top volume mtronic wb ..already hit almost 40 sen kemon bro
Operators unloading mother gradually If too many conversions of WB, operators will likely allow mother price to drop below 0.10 Wait for 10 trading days to see what happen
the big shots are not worry about you winning,.......because their another hand is holding the company purse string,.......whatever loses they can recoupe from company funds,........they can do so many things to protect themselves,.......pandai-pandailah
Operators, penny stock funds and big shot funds could be supporting mother price and suppress wb price to help company directors collect conversion fee 6sen from retailers who send in to convert their wb. After 10 trading days, retailers might be trapped and not able to sell for profit. Be aware of such possibility.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
whistlebower99
5,255 posts
Posted by whistlebower99 > 2022-07-29 01:13 | Report Abuse
Conversion of wb to mother share takes 10 trading days.
Wb price 0.025
Conversion price 0.06
Total cost 0.085
Mother share price 0.145
Profit 0.06
=============
Possible scenario when mother share credited to cds account after 10 trading days :-
1. Make profit if mother is above 0.085
2. Lose money if mother drop to below 0.085
===========
Time will tell