OR , If You Got Mother Shares By 2rd Dec 2020 , Today u will see ratio: New 2:1 Current RI , Is You May Subscribe Mother Share At 0.10 And Get Frree Warran.
Example : I buy 100K Shares at Ex-Date (1st Dec) , On 2nd Dec Is Entitlement Date . So you hae to hold mother share til 2nd Dec 5.00Pm Only be entitle for OR.
So 3rd Dec you See you have 100K mother share + 200K OR .
If i don't do anything with the OR now, will it disappear later after certain cutoff date?
And if I subscribe the RI to convert into mother share, i have to pay rm0.10 per OR share right? When will this new mother share reflected into my account? In Jan?
When the warrant price will be announced? Based on your experience, roughly around what price you think?
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justinyeoh, you are doing good job by educating the new bee, keep it up, I can see Gocean mother shares strong support at 0.115, may go up after trading of OR..
if u have 100K OR shares . if you convert to mother share you need to invest other Rm10K . if you dont want you can sell the share now at 0.010 = Rm1000.
So For People who buy above 0.160 , you may choose to subscribe to minimum your lost , and Ofc There is a high chance to come back!
@justinyeoh.. So For People who buy above 0.160 , you may @choose to subscribe to minimum your lost , and Ofc There is a high chance to come back! Subscribe means convert to mother share?
Once you sell your OR, you are not entitled for RI and free warrant, pls do not sell your OR today as big sharks is buying at very low prices like 0.01 or 0.005... your choice..
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....
justinyeoh
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Posted by justinyeoh > 2020-12-03 09:51 | Report Abuse
@awank3labu : Buy RI To Pro rata Your Mother Share.