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Apply for the warrants. It could be traded on the Exchange. There should be an expiry date of 2 years for you to excercise your rights to convert your Warrants. It is normal that when the px of the Mother share goes up the Warrants (in this case) will go up too in proportion and vice versa. Time is on your side - Apply! Cheers!
Last date of acceptance is 22 Nov. Should apply unless it fall below $0.50 for the mothershare.
Thanks. Means that I still need to fund out $0.50 ($0.10 + $0.40) to get one mother lot.
Looking at the price now at 0.6 not sure whether still worth to put in more? Else would like to just sell off the Warrant to get back some Kopi money.
Anybody, have any suggestion? Or what's the long term plan that this company are going to bring more profit ? Appreciate your sharing and pls. post in your comments.
For every 2 existing shares you hold, you are entitled to buy a warrant at 10 cents. Each warrant will then entitle you to buy the mother share at 40 cents. You may wish to call your broker to confirm. Dateline for acceptance of the warrant is 16 Nov 07.
hello, anybody owns TechOil&Gas ?
They are having Warrant offer of 1 For 2 @ $0.10, can anybody advise are worth taking?
Does this means that if I'm holding 10 lots of Warrant Rights now, I just need to pay $1k (10 lots x $0.1) to owns the mother lot which now trade at $0.595 ?
I'm new in this, can anybody help me to understand more about this?