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ng zhee jing, the exercise price means you need to pay for RM 1.12 in order to convert the warrant to mother share.
This exercise of RM1.12 exclude the price that you bought.
If you bought at RM 0.27 ,means you will only get profit if the hisbiscus mother share raises above RM 1.39.
Take note that the hib warrant will be expired on 2021, after the expired date, the warrant become useless.
So if you are confident on the Hibiscus'future growth. I recommed you to buy mother share
Buy on rumor, sell on news.If you really confident about wct future growth,u can buy it, but i suggest you that don't all in first, distribute into two portion. Avoid the risk of major market correction.
