Buy the warrant - WC. Expires in Nov 2024. The returns would be excellent in the future so long as the mother share continue to perform and pay good dividends, cheers.
I think they will push mother for attract more ppl convert to mother haha Anyway the dividend 10 sen ex 26/9/17 very attractive also Atta la only need 1 week to convert haha So can hold 2 mths plus...
I am wondering if any kind soul has an answer to my confusion. In their last reported a/cs, the company has 9sen cash per share, how are they going to pay a dividend of 10 Sen per share?
(i) proposed renounceable rights issue of up to 2,515,037,240 new irredeemable convertible preference shares (“ICPS”) at an issue price of RM0.08 per ICPS on the basis of eight (8) ICPS for every one (1) existing ordinary share held in ATTA (“ATTA Share(s)” or “Share(s)”) on an entitlement date to be determined and announced later (“Proposed Rights Issue of ICPS”) 25 May 2017
On behalf of the Board, Public Investment Bank Berhad (“PIVB”) wishes to announce that Bursa Malaysia Securities Berhad (“Bursa Securities”) had vide its letter dated 14 June 2017, approved the following: 15 June 2017
Question: If we were to hold ATTA mother shares, we have to buy 8 ATTA-PA for every one ATTA share we are holding at RM0.08 per ATTA-PA. So, it it worth to hold ATTA mother shares?
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....
ilovehits
3,955 posts
Posted by ilovehits > 2017-06-23 10:20 | Report Abuse
Don't know where is the resistance. I no subscribe to ChartNexus support and resistance software, haha.