YTL Power Warrants Subscription-Leap of Faith?

Power and 4G

I do not know how much YTL Power will be tomorrow as it is the last day for trading for YTL WR.

I guess it may go up to RM1.66 to shore up the prices of YTL WR and YTL Power Warrants 08/18.

That will mean that YTL WR will end at about  23 sen. YTL Power Warrants will similarly go back to RM 0.45 sen.

So for YTL Corp holders of the WR, what next if you have not sold as the session ends at 5 pm tomorrow?

A friend of mine is thinking of buying whatever he is given and he will top it all up to 10,000 units in excess application.

The Paka Generator 

This will mean an outlay of RM 2,000,  RM 10 revenue stamp and RM 10 for the bank draft charges. Total subscription charges will add up to RM 2,020.

So, he will be praying hard that the YTL Power Warrants will be offered to him . Also he hopes it will not fall below 35 sen when he can start trading it.

Disposing it at RM 0.35 sen will net him RM 150.00 x  10 =  RM 1,459.00 nett after deducting RM 31.00 for brokerage and RM 20 for revenue stamp and bank draft charges.