will conitnue to buy in not going to wait for too low price . suddenly jump you miss the boat . i can see alot ppl pick up the dump volume . last 3 trading days all over 1m shares already
normally they press like this got 2 reason (they are pressing the price not rush to sell their stakes) , 1 the future of the company is not good or 2 they going to do cooperate exercise soon .
my guess is cooperate exercise soon after the warrant expired .
EX-date 02 Oct 2017 Entitlement date 04 Oct 2017 Entitlement time 05:00 PM Entitlement subject Interim Dividend Entitlement description Single Tier 2nd Interim Dividend of 1.0 sen per share for the financial year ending 31 December 2017 Period of interest payment to Financial Year End 31 Dec 2017 Share transfer book & register of members will be to closed from (both dates inclusive) for the purpose of determining the entitlement Registrar or Service Provider name, address, telephone no TRICOR INVESTOR & ISSUING HOUSE SERVICES SDN BHD Unit 32-01, Level 32, Tower A, Vertical Business Suite, Avenue 3, Bangsar South, No. 8, Jalan Kerinchi 59200 Kuala Lumpur Tel:0327839299 Fax:0327839222 Payment date 17 Oct 2017 a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers 04 Oct 2017
Warrant is expiring on the 21st Nov. So most probably all warrant holders have started to convert their warrants to mother shares. In general, it would take 2-3 weeks for the conversion to be completed.
added some warrant want to convert it to be entitle the dividend ... but this friday is holiday so only can convert on next tuesday so miss the dividend ! damm . will only convert on nov then .
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....
LuckyG
1,698 posts
Posted by LuckyG > 2017-09-16 12:02 | Report Abuse
.....1.62 ..... most of it convert from son .