Brother cutie, if they sign the agreement before the expiry date of the warrant, it's against the rule, they cannot simply ignore the warrant as warrant is issued by the company itself.
What is they offer the mother price above $1.70? And the warrant conversion rate is $1.70...... so they cannot discard the warrant as traders can convert and get the offer price for mother.
But I can safely say that they WILL OFFER something for the warrants. Why? Simple logical thinking. If they don't want to give anything for the warrants, then they might as well wait for December 2018 to finalized the agreement as the warrants will die a natural death in November and they have save all the trouble and save money. So, why want to settle early before the expiry date of the warrants? So, that means they must have something for the warrants as well.
from the way they trade on warrants...i think they just let it expire. they already goreng up recently. people will chase this share after it breaks the 130 level.
Brother cutie, nobody knows that they will let it expiry. Why? As I had said earlier, they could have waited in December to finalized the agreement...but why now? Why don't wait for December when the warrants automatically expire? So, my guess is that the government want to play fair and not to get a bad name...remember a new Harapan Government and not UMNO? So, everybody benefits.
And to see that the warrant holders benefits is to perhaps lower the conversion rate of mother or to make ma straight offer for the warrants separately.
After all there are about 242 million warrants and if they offer a few tens of cents for each warrant, it will a small fraction for the mother which runs into billions ringgit. So, Harapan Government gets a fair play government praise. But if I am a cunning businessman, I will wait for december to finalized the agreement, hahaha
ZEPAN.. Its end today. I bought WB at 12.5 cents & sold at 13.5 cents in the morning. Buy again 13 cents & sold at 14.5 cents after break. Enough for me. Settle my kids school fee until end of this year.
One word of caution please....now that both mother and son had risen this high, it's time to be a bit cautious as we don't know at what price the government is going to pay for the shares. It may be more or maybe it may be less.
Go & watch BIMB for a change,maybe make some money on warrants hahaha..... today strong support at $4.....TP $5 and warrant is still cheap and long way to expiry date at 2023
ZEPAN... IPO sometimes is scary one. Like REVENUE open at 55c but going down to 49.5c & bullish to 69c at the same day but NOVA open at 65c & shoot like a rocket 80c. This RGBTECH we do not know yet how is the game trick.
ZEPAN... IPO sometimes is scary one. Like REVENUE open at 55c but going down to 49.5c & bullish to 69c at the same day but NOVA open at 65c & shoot like a rocket 80c. This RGBTECH we do not know yet how is the game trick.
Brother, to be on the safe side is perhaps is to avoid it at the listing...perhaps buy it later when price had stabilized, but then no venture no gain, hahaha
looking at the graph olso takut.. jump olmost doube from .80 cent to 1.32 in a very short time period. I guess, price already taking into account the expected amount this company would get from the splash deal. . Those who already bought and at rpofit, may hold on, but not adviseable for the newcomer,
Better lost opportunity than losing money.. h Happy trading :-)
accumulation at 1.29-1.30 today..expect 1 last push pending Splash deal announcement anyway upside is limited edy, not advisable to enter at this level
The_Reds accumulation at 1.29-1.30 today..expect 1 last push pending Splash deal announcement anyway upside is limited edy, not advisable to enter at this level 24/07/2018 16:01
Yes, brother, almost in dangerous waters. But the brave can still try but with caution.
Today I just curi curi contra, just try my luck & bought early morning at 10.5 cents and didn't expect it to move so fast to 13 cents, make a good contra profit.
D day is almost here, just be a bit more cautious. Those with a weak heart, please step aside to be on the safe side.Those who dare venture, then please be cautious, will you. Thanks. Good luck to all.
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....
ZEPAN
606 posts
Posted by ZEPAN > 2018-07-23 10:59 | Report Abuse
Brother cutie, if they sign the agreement before the expiry date of the warrant, it's against the rule, they cannot simply ignore the warrant as warrant is issued by the company itself.
What is they offer the mother price above $1.70? And the warrant conversion rate is $1.70...... so they cannot discard the warrant as traders can convert and get the offer price for mother.