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Looks like just issue the warrants only. Is this so called warrant bonus.
That means if you have 5 lots mother shares. You will entitle to 2 lots warrants
5 lot mother share remain the same. Right??
Assuming the cum price is 42c, the stock ex price will be (42*5+28*2)/(5+2)=38c. Therefore the theoretical warrant price (that means zero premium) on the 1st listing day will be 38-28=10c.
