Daph C's comment on PERMAJU-PR. All Comments

Kent T10
I like this. I copy it here:

Permaju is in the Money!!!!

The Permaju PR is listed today. It is currently trading at 0.005/0.01.

1 cent!

The conversion for the PR to mother share is (1cent + 5cent + 20cent).

The mother share is now 30cents a share. Working backwards the PR should have an intrinsic value of 4cents.

The guys who sold at half a cent today are CRAZY. I mean its free, and it CANT go lower.

It has 14 days to trade, expiring August 3rd. And today is the first day.
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Kent T10
Mother share is 0.315, so the PR value will be 0.055! Compared to 0.005 sold, cannot believe it!
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Wei Sin Lim
Calculation correct meh?
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CJ Seven90
But pemaju-pr still can’t fly
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Shireen Toor
Can anyone explain how this works? I bought the mother share..
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Kent T10
See my above reply also, after bought this PR @ 0.01 that is one cent, then later need to pay 5 cent to convert by end July, if not then lapsed (my broker told me lah, I am not pro, just newbie)
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