(4 * 0.30 + 1 warrant)/4 is about the same as the mother price. Ask yourself: why should I subscribe and take the hassle to undergo the process of subscription, if I can buy the mother shares and warrants as I like when they are listed then? Is the ROI of subscription attractive enough?
if u think it can only fall to 28cts,u can buy as much as u can. but for me I wouldn't dare cos so many millions queue to sell at 0.005cts point that it will down more otherwise who is such a fool to queue so many sellers?
25-Sep-2017 Insider EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder) acquired 5,000,000 shares on 19-Sep-2017. 25-Sep-2017 Insider EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder) acquired 506,742 shares on 18-Sep-2017.
It might be different as the rally already happened last week when it surged to 0.385. Everyone is buying the mother now in anticipation it goes higher before listing of the new rights shares. Who knows it might be different. Let's see
buy OR no refund. if at the end of the day, u buy OR but dont have the budget to exercise, OR is burned and u loss your 0.005 100% loss. currently 600m of share queue sell at 0.005 and with 2 days left. i dont think it is even possible for you to sell at 0.005, not to mention 0.01 100% profit. laugh die me. as for mother. buying now at 0.305 is equivalent to buying into OR but with no expiry date. as for warrant? it depends on how capable are you into holding long term lo
if one had 400 Rights ... have to fork out RM120,000+++ just to get 100 free warrants .... if oil price drop before warrant issued ... really stuck big time ... :(
looking back ... should have sold the OR on the first day of trading ... at least could have sold 0.0015 .... some more it's all profit because it was free from the mother share in hand .
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....
sengkee
2,060 posts
Posted by sengkee > 2017-09-27 09:36 | Report Abuse
RIP OR...