Wei Yong's comment on TOPGLOV. All Comments
Wei Yong
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大家我想请问如果topglov split up或者 bonus issue 会不会影响到原本的warrant 会不会我原本从赚钱变成亏钱呢？
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4 years · translate ·
Jason MAson
It will adjust accordingly - if bonus issue/stock split up, your exercise price will go lower - providing you lower breakeven price = good
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Wei Yong
but it will effect my paper gain right？
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Jason MAson
Nope - just assume everything is the same. It written in the bursa warrant listing rules. If not, feel free to sue the market maker
1 Like · 4 years · translate
Jason MAson
Your P/L will still be the same. Before stock split , u P/L 10k, after stock split also 10k.
2 Like · 4 years · translate
Wei Yong
I see, thank you so much Jason
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CM Lee
oic, i tot split only affect mother share, seem nice to heard this
Like · 4 years · translate
Jason MAson
aiyoh - u guys, memang dangerous, invest without knowing what warrant is.
http://taadress.ta.com.my/Circular/G%200011%20of%202016%20Guidelines%20Reference%20Price%20Calculation_Corporate%20Action_New%20Listing.pdf
"In the event that a listed issuer announces a corporate action with the relevant
dates involving share sub-division; or a share consolidation; or making changes to
its capital structure by way of rights issues, bonus issues, cash dividend, share
dividend etc., then the Exchange may adjust the Reference Price of the relevant
listed securities on the ex-entitlement day or the corporate action effective day."
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Jason MAson
In the event that a listed issuer announces a corporate action with the relevant
dates involving share sub-division; or a share consolidation; or making changes to
its capital structure by way of rights issues, bonus issues, cash dividend, share
dividend etc., then the Exchange may adjust the Reference Price of the relevant
listed securities on the ex-entitlement day or the corporate action effective day.
Show more
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