bursa securities had approved the bonus issue, on 13.9.17, and the warrant also entitle for the bonus, and the exercise price also will be adjusted to 56c
they have to adjust the warrant exercise price after the bonus issue, for all counters listed , you can refer to you remisier or you can call the KAF INVESTMENT BANK. ( my calculation is 1,000 x 5/9) = 55.55555555c. and for the adjustment of additional warrants is 1000 x 4/5 = 800s extra
Hi Benevanz, i am not a sifu. just a student level. I am not sure how high is your price. i did buy some somewhere near 95c. and i average down when drop below 85c. last 2 weeks i manage to sell most them at breakeven price. left a few to fight until bonus issue. looks like today also will not have any show. i guess the bosses busy in fighting each other in the company. i am not in the position to tell you how to do. but if i can come out from this 'dying counter' with minor losses, i will switch my fund to other counters which are riding on the rocket now. market now is bullish. if the counter in our portfolio hardly to move. something is wrong. when market up they dont follow. when market doing correction, they follow. this is most frustrating.
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oldchinaman
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Posted by oldchinaman > 2017-09-15 11:47 | Report Abuse
bursa securities had approved the bonus issue, on 13.9.17, and the warrant also entitle for the bonus, and the exercise price also will be adjusted to 56c