Wednesday, 6 July 2011

Astral Supreme

i) Par Cancellation from RM1.00 to RM0.20 ii) Right issue 1:1 @RM0.20 with free 1 Warrants iii) 4 ICULS : 1 @ RM0.10







If Buy 1,000 @ RM0.30 & entitlement to 1,000 Right / 4,000 ICULS & 1,000 Warrants fee 
cost (RM313.09+RM200+RM400=RM913.09) and end of the day you holding 2,000 Asuprem / 1,000 Warrant & 4,000 ICULS.
If closing price is RM0.30, ex-price is RM0.25.

Buy at RM0.30 due to right issue price lower than ex-price, may profit from Warrants & ICULS
Ex-date 12.07.2011, before ex-price RM0.23 & ex-price RM0.205, today trade between RM0.18 to RM0.23

Remarks : sold all Warrants at RM0.085 on 17/08/11 & Mother share @ RM0.16 on 18/08/11 & 22/08/11 sold Loan @ RM0.13
















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