It's obvious...The management is confident about the company's growth prospect. By 2017, when the warrant is mature, then they can exercise the options at 1.00++ (Remember the exercise price is 1.00, ratio 1:1, currently warrant is traded at premium approximately 1%). Not only they will have windfall gain, but also their shareholdings will substantially increase and then their plan to privatize this "golden egg" company will come true.
I am still holding. Targeting 1.50 for WC by year end when Atria opens. OLH bought as high as 85.5 sen for WC. Maybe he knows something we don't know ?
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....
Icon8888
18,659 posts
Posted by Icon8888 > 2014-04-19 15:13 | Report Abuse
http://klse.i3investor.com/blogs/icon8888/50555.jsp