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About PEAK price, I suppose.
keepinvest ( Date: 28-Sep-2010 08:33) Posted:
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If you see its historical payout, this company is generous in paying dividends. Given its current secured project, I think we can expect another good year at least. Its warrants are at a discount, I think it's a good buy.
The price of the warrants may be under pressure for a while. It seems that there many sellers suddenly appear, probably some holders just want to cash out rather than convert. Once that's clear, the discount should disappear.
Hi is this a good buy then now? can anyone advise.please
If you hold the warrants, of course you need to pay 40 cents each to get them converted to the mother shares. If the price of the mother share drops below 40 cents, the warrants become worthless. This is unlikely.
I think the price gap between the monther and warrant should narrow as the day of expiry approaches.
dizzifying ( Date: 27-Sep-2010 22:19) Posted:
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The warrant is now at a discount.
The warrant price 36.5 cents + conversion price 40 cents = 76.5 cents.
The mother price is now 94.5 cents. If it stays around there, after the dividend 10.5 cents, it should drops to 84 cents. The difference is still obvious. Don't forget that the dual listing on Taiwan is still on the way.
Number of issued shares excluding treasury shares after purchase = 130,907,575
Number of warrants = 71,458,287
Number of warrants = 71,458,287
yes, please help. Even if the share becomes 20cents on the day of expiry, I can just top up $0.40 to convert to mother share? Too good to be true right? cos the mother share is $0.90+ now.
Thanks.
Can someone calculate what is the dilution after 26Nov, to see if it is worth buying it to convert in 2mths time?? Thanks.
The agent will sent you a letter to convert the warrant to mother share. Then buy a cashier order from the bank and sent it to them.
Anyone knows how conversion to mother share works?