Davis's comment on FRONTKN. All Comments
Davis
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The price after adjusted for BI based on yesterday closing is not correct with today opening.Price adjusted for BI should be 3.56. New issue warrant exercise price will be RM4, therefore should not be any adjustment too.

But why today opening is 3.28? Anyone know why?
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3 years · translate ·
MoneyMaker 92
Yes. It was set at 3.56 but people sell down so it appeared 3.28 as opening price
Like · 3 years · translate
Oliver Ooi
Seem like many retailer ar. selling off positions on hand, just a morning session the volume already reached average trading volume per day
Like · 3 years · translate
Chloe Yap
@Davis may I know the calculations for after BI 3.56?
1 Like · 3 years · translate
Tan Ley See
@MoneyMaker 92 How do we calculate the price adjusted is RM 3.56?
1 Like · 3 years · translate
Davis
Based on my trading platform, previous close showed as 3.56 so I assumed it as 3.56
1 Like · 3 years · translate
Tan Ley See
I know why already, bonus issue announced on 14th April and the share price was RM5. 34. That's why after adjusted, the price will be 3.56 (opening price).
1 Like · 3 years · translate
Moon Chiew
bouns issue 2:1 and warrant also. ext 27/4 so today price sure 3+
1 Like · 3 years · translate