Balakumaran Balaravi's comment on YONGTAI. All Comments
Balakumaran Balaravi
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what does the 0.8 cents mean in their preferred share conversion?
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3 years · translate ·
digi 29
preference share exise value 0.80
u have pa can convert to mother but need to topup money
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Balakumaran Balaravi
so the share now is at 0.80 value? so why would they want to convert now? wont they be losing more than half at current 0.26? (here to learn)
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Limit Up
That why, don’t know why they want to convert even the expiry date is 2026
1 Like · 3 years · translate
Jing Jie Ng
lol descending triangle formation......
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Philip Lkc
Means yong Tai value will more than 0.80,
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Limit Up
Pa is warrant and the price is 0.06 sure no need top up
1 Like · 3 years · translate
Limit Up
I believe yongtai preference share after convert, you no need top up just that your share price is 0.80
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Limit Up
Mean once you got your share you are is lose position
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Balakumaran Balaravi
PA is for warrant right. So in terms of prefference share also applies? this is confusing, not alone why they want to convert. they want to loose money?
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