There was some selldown today but it was very well absorbed. This means whoever that wanted to exit has exited for the past 11 days. With the bursa approval coming soon, it can only go up up up. Bought more 0.10 today. Short term TP 0.15
Look at how weak the sell queue is. This definitely means short term traders are all gone. Left with long term investors. When there is no more short term traders, the stock is easy to move up. Short term TP 0.15
Just curious. Now they have about 1.5 billion issued shares. With the additional right issue of about 2.5 billion new shares later, the company will then have about 4 billion shares. It still can go up further?
Rights Issue will issue approximately 2.0b instead of 2.5b, totaling 3.5b shares. According to the proposal for rights issue, it says it will be used for debt repayment and investment purposes. The company has bright future.
A total of 147,332,186 outstanding Warrants 2014/ 2019 ("Warrant(s) B"). Each Warrant B provides the right to the holder of Warrant B to subscribe for one (1) new ordinary share in EAH during the five (5)-year exercise period of the Warrants B up to 24 February 2019 at the exercise price of RM0.12 per Warrant B; and ii. A total of 255,105,900 outstanding Warrants 2014/ 2019 ("Warrant(s) C"). Each Warrant C provides the right to the holder of Warrant C to subscribe for one (1) new ordinary share in EAH during the five (5)-year exercise period of the Warrants C up to 18 June 2019 at the exercise price of RM0.10 per Warrant C. For illustrative purposes throughout this announcement, the effects of the
A renounceable rights issue of up to 2,524,354,400 new ordinary shares in EAH ("EAH Share(s)") ("Rights Share(s)") at an indicative issue price of RM0.01 per Rights Share on the basis of four (4) Rights Shares for every three (3) existing EAH Shares held, together with up to 1,262,177,200 free detachable warrants in EAH ("Warrant(s) D") on the basis of two (2) free Warrants D for every four (4) Rights Shares subscribed for, on an entitlement date to be determined later after the Proposed Capital Reduction ("Proposed Rights Issue with Warrants").
Posted by shernlee > Jun 2, 2017 09:56 PM | Report Abuse
how bout this/if i am holding eah-wb i cant get any warrant d share? ........................................ Holder of WB are not entitled to free WD unless you convert WB to EAH before ex-date.
shernlee @ A renounceable rights issue of up to 2,524,354,400 new ordinary shares in EAH ("EAH Share(s)") ("Rights Share(s)") at an indicative issue price of RM0.01 per Rights Share on the basis of four (4) Rights Shares for every three (3) existing EAH Shares held, together with up to 1,262,177,200 free detachable warrants in EAH ("Warrant(s) D") on the basis of two (2) free Warrants D for every four (4) Rights Shares subscribed for, on an entitlement date to be determined later after the Proposed Capital Reduction ("Proposed Rights Issue with Warrants").
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....
mhdhrs12345
4 posts
Posted by mhdhrs12345 > 2017-05-01 17:01 | Report Abuse
Hope EAH can go higher, once right issue share is approved