dude.... the fine prints......Each Warrant shall entitle the holder to subscribe for 1 new ordinary share of RM0.01 each in CLIQ at the exercise price of RM0.50 per Warrant, at any time during the period commencing from and inclusive of the date of completion of the qualifying acquisition up to and including the expiry date, being 3 years from the date of listing =====
This warrant is expiring, with no value. But why are people still buying it? Is there some chance of it becoming of value during the time that remains?
Good bye guys.. want to buy at 0.005 also can't already. For those who have lost this battle, persevere and you shall remain victorious in other battle
The link from @speakup - it's a statement released today. Cliq failed to get an extension for their qualifying acquisition. The warrants can only be converted if the acquisition is made and approved. Which isn't. That means Cliq will give back the money collected, and then cease to exist. So there's no question of converting - you can't.
Bila berlaku camni pihak SC dan BURSA kasi biar ja,yg penting mereka dah untung masa listing cliq wa tanpa peduli kepentingan pelabur waran.ini yg saya katakan pihak SC dan BURSA sendiri yg perlu disiasat dan didakwa di mahkamah kerana wujud unsur rasuah.SPRM pun boleh soasat juga pihak SC dan BURSA.belum pernah berlaku waran tidak boleh convert kpd mother sedangkan exercise 50 sen ikut info,ini jelas menipu pelabur.jadi apa peranan SC dan BURSA yg jelas pentingkan perut sendiri
this will jeopardize the bursa image since bursa let white collar crime happening in the open market. now don't know how many soul will be living not peaceful and die. no proper risk management system were created. unqualified person.
You can convert by paying conversion price of RM0.50 into 1 cliq share. Depending on the outstanding shares at that point of time, based on Outstanding cash at book closure date, Maybe you get back 0.69 - 0.710. Well at least you don't lose so much la
It's not the SC fault. Guidelines are meant to be followed. You don't raise cash and leave it in your account to wait for assets to fall on your lap. If you can't close deals, then this business could eventually fail. SPACs operators should be assessed on their deal making strengths
But these company had use up multi million to access asset, for them to trip to other country ! Where is the evaluation report ! We want the evaluation report & maybe like 1MDB, the evaluation money flow back to the director account ! And the executive director get 70k salary/ month for doing nothing ! Calculate how much money they taken from investor !
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....
kaizoke
21 posts
Posted by kaizoke > 2016-02-03 17:21 | Report Abuse
cliqtoris betui la.. all the fund gone inside the drain.. total waste. dic*he*d ...**** ****