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Good question,infact if you buy the warrant now and convert to mother share(takes about a month for conversion),you will make a gain of 6 cts assuming the price of mother share maintain at 74.5
Mother share is fundamentally okay,the warrant now trading at a bigger discount,if the warrant still doesn't move in tandem with the mother share,we still have an option to convert the warrant asap
Unless the mother share is going to declare a big dividend after releasing QR or unless the mother share keep dropping,if not I don't see any risks in the warrant
Jason Lim...to convert warrant to mother share you need to fill up a form from your bank securities or remisier,you can do it anytime now.It will incurred minimal stamp duties around RM20++,the conversion process takes about a month
If your trading account is with a bank securities,they can do the conversion for you.Are you not trading online with banking securities?If you are still using remisier then a bit difficult if they don't want to help you
