Some stock analyst had forecasted that Digi will go ex at RM3.40. So true to form, it burst the banks and headed beyond to RM34.22; pulling back comfortably to perched at RM34.00 at the day's close. As far as the mission is concerned, they did their job pretty well as the price breached RM34.00.
Anything more will be on its own steam.
Tomorrow, at the EGM, the share will officially be endorsed for a share split from its current 10 sen par to become a 1 sen par share. Theoretically, based on today's price, the price of RM3.40 per share brings a honourable premium of RM3.39 sen.
So let us see the price trajectory of this counter until Digi ex-split at the end of November.
Fantastic!
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