Tuesday, 2 August 2011

Drbhocm-CE

Cash settlement price for DRBhcom-CE is RM0.117 difference RM0.025 between closing price & VWAP,
Issue House with save RM2.25 mil due to the calculation:

Date
VWAP
Closing Price
25/07/2011
                2.180
1.9500
26/07/2011
                2.242
2.2400
27/07/2011
                2.258
2.2500
28/07/2011
                2.249
2.2400
29/07/2011
                2.238
2.2400
Total
              11.167
         10.920
 5 days average
                2.233
          2.184
Settlement Price - Exercise price
                0.283
          0.234
Exercise Ratio
2
2



Settlement warrants price
0.142
0.117

Omedia


The trading price range between RM0.11 – RM0.08, bought at RM0.085-RM0.09 and sell at RM0.10 – RM0.105 will minimum have more than 5% return per trade.
17/08/11 - bought at RM0.09 & 22/08/11 - sold at RM0.095