WoW ! So many good things happen together for AWC : I) Approval obtained for the acquisition of Trackwork ii) Analysts raised target price and target PER for AWC iii) Proposed free warrants !
I suppose AWC's stock price will cross RM1 per share very soon. The issued price to Trackwork for the acquisition is already RM1 per share, this means Trackwork owner values AWC at >RM1 even when AWC was selling at 70+sen per share.
no worries bro, as long as long the ordinary share price increase post the issuance of warrants, the warrant will be valued accordingly to the share price.
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....
wwq84999
348 posts
Posted by wwq84999 > 2018-09-27 22:47 | Report Abuse
@fantastico