China fund faster move in....price just can move like a shining star.....local fund such as EPF, KWAP will not move in this counter even this counter has extremely good fundamental ...
Normally listing warrant cost price will be RM0.005 , so how much the value of the warrant depend on market buyer and seller who want to push up or down... also related to mother share price movement. If mother share move higher also will lead warrant price value increase ....
The Board of Directors of XDL (“Board”) wishes to announce that the Board has been made aware from the China Judgement Online website that there are several litigation matters against a subsidiary of XDL, namely, Fujian Province Jinjiang City Chendai HongPeng Footwear Manufacturing Co., Ltd. ("Litigation Matters").
In view thereof, please refer to the attachment for further details on the Litigation Matters.
Ucrest, huaan, Dnex already gain few round profit already, XDL still like turtle remain at price RM0.12 really lousy stock.... Even they has free warrant to reward shareholder I think nobody will subscribe to exercise the warrant , look the price movement really disappointed
(1) The tenure of 3 years is consistent with the tenure for the previous warrants issued by the Company (i.e. warrants 2012/2015, warrants 2014/2017 and Warrants C). 2.3 Basis and justification for the issue price and Exercise Price The Warrants D will be issued at no cost to the Entitled Shareholders. The Board has fixed the Exercise Price of the Warrants D at RM0.18 per Warrant D (or the RM equivalent of the par value of the Shares on the exercise date of the Warrant D based on the middle exchange rate as determined by BNM at 9.00 am, whichever is higher). The Exercise Price of RM0.18 per Warrant D represents a premium of 27.39% to the theoretical ex-all price of XDL Shares of RM0.1413, calculated based on the 5-day VWAP of XDL Shares up to and including the LPD of RM0.1220 and the entitlement basis of 1 Warrant D for every 2 existing Shares held. 5
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....
WSP88
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Posted by WSP88 > 2019-01-10 10:59 | Report Abuse
China fund faster move in....price just can move like a shining star.....local fund such as EPF, KWAP will not move in this counter even this counter has extremely good fundamental ...