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 BIMB - Strong Buy!

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yazoo
post Nov 13 2013, 10:40 AM

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Joined: Sep 2005
QUOTE(soulstrike29 @ Nov 13 2013, 09:39 AM)
guys,
please drop some advice.
i have holding of 3lot mother share (avg price 4.3), getting 1.2lot OR.
does it worth to subscribe?

if subscribe, i need to top up 1.2x4.25 = 5.1K to get 1.2lot mother share.
then my avg price would be (4.3*3 + 5.1)/4.2 = 4.28

so seems like it did not have much effect if subscribe, rite?
instead, should i sell the OR?

please correct me if any above is wrong, thx thx.. notworthy.gif  notworthy.gif
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You're forgetting about the free warrants attached to the rights.
I sold mine before x date as I just got 1000 only.
yazoo
post Nov 13 2013, 12:09 PM

Getting Started
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Junior Member
206 posts

Joined: Sep 2005
QUOTE(soulstrike29 @ Nov 13 2013, 11:54 AM)
oh ya, the free warrant..
is the trading price for warrant to be calculated / estimated?
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From the BIMB Abridged Prosectus which you can download from Bursa, based on the trinomial pricing model, the theoretical value of the warrants is RM1.93. But then again this is their calculation, but don't think it will so far off from RM1.93


 

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