Abundance Intl    Last:0.028   -

Abundance int

No Vol...... T+3 and T+5 will be volatile......................... Tues and Thursday....

 

Sudden high volume . Dunno from where one.
Cooking something.. new contracts addition revenue from feixiang coy.

Stay vested. Heehee

 

time to buy the warrant?

mepkoh      ( Date: 17-Mar-2017 15:28) Posted: please check out rooster..at nextinsight..for a complete rundown.. any way about warrants.. Interesting details of Abundance Warrants Last done price (10 Feb) of Abundance $0.066 Last done price (10 Feb) of Abundance warrants $0.028 Exercise Price $0.02 (European Style, hence exercisable only on maturity in Jan 2021, not EPS dilutive) Gearing 0.066 / 0.028 = 2.35x Inclusive of exercise price, discount on warrants price = $0.066 &ndash 0.028 &ndash 0.02 = $0.018 (or 27.2% discount to the mother share)

 

as it approach its expiry date..the ewarrant should be very interesting

 

please check out rooster..at nextinsight..for a complete rundown..

any way about warrants..


Interesting details of Abundance Warrants

Last done price (10 Feb) of Abundance	$0.066
Last done price (10 Feb) of Abundance warrants	$0.028
Exercise Price	$0.02 (European Style, hence exercisable only on maturity in Jan 2021, not EPS dilutive)
Gearing	0.066 / 0.028 = 2.35x
Inclusive of exercise price, discount on warrants price = $0.066 &ndash 0.028 &ndash 0.02 = $0.018 (or 27.2% discount to the mother share)

 

What is this stupid ewarrant about? Do the mother shareholders get any of these? Is that why it moved up so much yesterday?

 

ewarrant..... tough.

 

mother above 7 cts...

 

baby 4 cts...??

 

johnnywalker      ( Date: 17-Mar-2017 10:19) Posted: Anyone wants to venture a guess what will be the closing price today?

 

Now  retail investors  know buying the eWarrant is risky, there is no good reason for BB to push up the price of the mother shares just to entice pple to buy the ewarrant..... the rise in the mother shares needs to be based on Fundamental reasons.

 

so thie abundance intl wrt is convertible to mother share on expiration date

or on notification by the company anytime before expiry.

 

its not a covered wts issued by banks/issuers which pay the difference

between exercise price n closing price on expiry ..(usually 1-3 months)

 

it should be trading at premium and not huge discount....4 years to go...

 

 

What's the reason for the drop today? Cos no positive news?

 

the only difference between european wts n normal(american) wrts

 

A common restriction (and one that is easy to quantify) is the difference between American-style and European-style warrants American-style warrants permit exercise at any time, while European-style warrants can only be exercised on the  expiration date.

 

 

Anyone wants to venture a guess what will be the closing price today?

 

this is not a covered wrts which u described above..

 

its convertible to mother shares at 2 cts during the notification period by the company

anytime before expiry...unlike normal wrts which u can convert anytime..

 

 

mepkoh      ( Date: 17-Mar-2017 09:16) Posted: for illustration sake.. current price 8.1 warrant 3.1 if on due date /maturity date.. coy will do this whether u make money.... mother share minus waarnt price minus wrt subscription price.. ie 8.1 -3. 1-2=3 cts.. so for trading sake u have 3 cts discount..about 37% discount..   yes they pay u 3 cents ..if aanswer is negative u loose everything...u pay for

 

wonder can eW be converted to W by the Company........just a thought.

 

Now the general public knows the details, the warrant holders cannot suckered the uninformed retail investors......... BB need to re-think strategy lieow.

 

for illustration sake..

current price 8.1

warrant 3.1

if on due date /maturity date..

coy will do this whether u make money....

mother share minus waarnt price minus wrt subscription price..

ie 8.1 -3. 1-2=3 cts..

so for trading sake u have 3 cts discount..about 37% discount..

 

yes they pay u 3 cents ..if aanswer is negative u loose everything...u pay for

 

That said, it will be fun playing this counter....... profit to the agile punters.

 

Their warrant is FOC with the zeron coupon bond maturing in 2021.  on maturity, they get $0.02 back.  the bond they bought at a discount price of $0.016. hence on maturity, they get a profit of 25% on investment...... so misleading... " zero coupon" .  at current price of warrant which is free to them, they are actually on paper gain. hence if they can unlaod all their warrant, they get the company (majority) FOC + profit + 25%...... very smart Investors.

Siwomp      ( Date: 17-Mar-2017 08:54) Posted: This one..... is high risk and high gain........ my guess is warrant holders pushing up the price of mother to unload warrant.  Hence, making their purchasing of the company FOC + profit.

 

european warrant...

cannot convert one argh..at the due date...operator either eat all or pay u money..

share price at due date...minus warrant price n subscription price..

striker09      ( Date: 16-Mar-2017 17:41) Posted: Kindly take note the expiry of the warrants( conversion price 0.02cts) is 30/01/2021 n holders can convert the warrants only near to the expiry date. One month before the expiry the co will send out circular to inform all hoders of the warrants re the conversion. If not everybody will be buying n converting for immediate profit now.