I must confessed that I need to learn from this market. As I know from long ago,rights issue are not discounted on listing ex.
Those clowns must have instituted new trading rules.
This morning, I found out from the stock news of BJF that its new maximum trading price is RM1.26 and its new adjusted minimum price is 66.5 sen.
I am trying to fathom what is the formula.
At 1.43 closing yesterday, why should the price now be adjusted to some 17 sen lower ?
Is this indicative of what will be the trading of the rights document on 17 July? So it could be the lowest trading price of that issue; and possibly the warrant document trading price is now computed in as well.
Let us observe the trading pattern this morning.
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In journeying through life, many things will happen to us. We are amused by many things. We sober up on others. Oftentimes,we reflect on the more important ones and we meditate deeply on some of them.
Journaler 0203 will chronicle the milestones of the author's life in 2009, the crossroads where decisions had to be made, times when he reflected on things past and his vision for the immediate future. So come; journey with him and have fun reading his entries!
Journaler 0203 will chronicle the milestones of the author's life in 2009, the crossroads where decisions had to be made, times when he reflected on things past and his vision for the immediate future. So come; journey with him and have fun reading his entries!