Personally I like FRB.
Why I like FRB:
They are the shareholder of some listed company. They are:
1) DGSB - current price 6.5
2) Microln - current price 71.5
3) Ho Hup - current price 1.32
As a leverage play, I prefer FRB-WB, I will consider to buy in about 0.30.
Mother share:
| 4 Weeks Range: | 0.70 - 0.765 |
| 52 Weeks Range: | 0.61 - 0.88 |
FRB-WB
| 4 Weeks Range: | 0.31 - 0.365 |
| 52 Weeks Range: | 0.23 - 0.45 |
Details:
Profile for Warrants
Announcement Info
Company Name FORMIS RESOURCES BERHAD
Stock Name FRB-WB
Date Announced 3 Jun 2013
Category Listing Information & Profile
Reference No MB-130527-68221
Instrument Type Warrants
Description Warrants issued pursuant to the Rights Issue with Warrants (as defined
below)
Listing Date 04/06/2013
Issue Date 31/05/2013
Issue/ Ask Price Not Applicable
Issue Size Indicator Unit
Issue Size in Unit 83,142,487
Maturity Date 30/05/2018
Revised Maturity Date
Exercise/ Conversion
Period
5.00Year(s)
Revised Exercise/
Conversion Period
Exercise/Strike/Conversion Price MYR 0.5000
Revised
Exercise/Strike/Conversion
Price
Exercise/ Conversion
Ratio 1 Warrant :1 Share
Revised Exercise/
Conversion Ratio
Mode of satisfaction of
Exercise/ Conversion price
Cash
Settlement Type/
Convertible into
Physical (Shares)
