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https://www.megacorp.com.my/
You need to call the number listed on the site.
Then they'll send you a form through email.
The phone number can't be listed on this forum, if not i'll be banned.
The term 'maturity' date is actually misleading, because it actually means 'expiration' date
You can convert the warrants into mother shares anytime before then, but after the maturity/expiration date, you lose all of the money you paid for the warrants.
@Jonathan, what is the cost for mothershare after convert from son? let’s say i don’t have mother share yet. will it be RM0.50? or follow the current cost?
now mother ady .98, if my WD entry was .30, to convert, + .50 = total 80cent is my original cost, assuming after convert the mother price remain at .98, I would have earned extra 18cents per unit
instead of selling off the son now, which I only earn extra 5cents (now price is .35)
Exactly.
Converting warrants may be a few extra steps, but it's more profitable assuming that mother share price maintains its current price range (0.95-1.05) or even better, keeps going up (RM2+) after the conversion is complete.
Hi Jonathan, just to confirm my understanding, converting the warrant to the mother share only calculate base on our own warrant EP, the current price for the warrant doesn’t affect our cost of conversion am I right?
Yes, it's only dependent on your entry price for the warrant + exercise price (0.5).
Ex. If I bought 10k warrants at 0.32, my total cost:
10k*(0.32+0.5)= RM 8,200
And if mother share price is 1.00 when the conversion is complete, profit =
(1*10k) - (8200) = RM 1,800
Any bank is ok, as long as the payment is made to Mega Corporation. They will send you an email with all the necessary details after you call them.
Number's here: https://www.megacorp.com.my/
@jonathan...saya rasa yang kira convert tempah hari tu akan masuk jadi mak esok sekali dgn yang announcment baharu harini...sebab i punya portfolio sudah tolak kuantiti...
oh i pos kepada registrar lagi lewat dari you...yeah i hope lepas 90sen juga dapat untung lebih sikit...so boleh jual beli lagi anak dan convert lagi...
converted 30% of total warrant holding from 0.0435, it was removed from my account as well...mother share going back to above 1 soon! congratz to all of us here!
Ignore those who say that it's a trap. It's not a trap if you're already profiting lol.
I've blocked the person above (自然生活), i really dislike trolls =)
Yeah, keep holding. Things might get more interesting after warrants expire on 30 July 2021, hopefully.
Right now because warrants are being converted, share price is diluted, quite heavy, so can't fly yet.
If you have DNeX warrants, you might want to start converting soon.
Because warrant conversion needs 9 BUSINESS DAYS or so to be completed, which means around 2 weeks.
After the expiration date on 30 July 2021, the warrants you own (which you haven't converted) would be worth NOTHING.
i personally still own DNeX shares, and I think they've got great potential in Silterra. So it all depends on what your trading plans are. Everyone's different.