buy the or from the open market and go to bank buy banker draft and fill up the PAL form and fix the RM10 revenue stamp and sign on the form and mail it ti the Registrar.
rayloo cytew, where is the source for OR at 90 sen ?
by calculation using this formula :(Ax2-1.0-1.2)=reference price.. A is the closing price of mother share on the last day prior listing of OR..therefor (1.55x2-1.0-1.20)=.90 or 90 sen
MY OR is parked with itrade, so no need the form. Just give the info to the brokers, and let them take the money from my clicktraders account. no need buy bank draft very convenient
I just checked my itrade portfolio, and I see there is new added PRLEXUS-OR. Is that a warrant? Strangely I didn't inform my broker, and didn't make any payment yet. Does it means I don't need to make any subscription anymore? Confuse....
existing 2 mother entitled one right and free one warrant by buying the right shares in the open market is a good strategy on arbitrage right shares price .865,plus RM 1 to convert to mother ,with the expected free warrant price with RM0.4-0.50,so total u will get RM2.26 by compare mother only RM1.5,good deal,???
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....
henken
47 posts
Posted by henken > 2016-04-26 11:21 | Report Abuse
great