MIDA-W3 closed the first trading day at 0.04 baht, trading value 10.31 million baht from the opening price of 0.03 baht, the highest price is 0.05 baht, the lowest price is 0.02 baht.
MIDA shares are at 0.47 baht, the price is unchanged.
TISCO Securities Appraised the Appropriate Value of Warrants to purchase ordinary shares of Mida Assets Public Company Limited (MIDA-W3) at 0.001 baht (BSM) based on the parent share price at 0.47 baht with a volatility of the parent stock at 33%. posted the XW mark at 0.16 baht (on the date of posting the mark, the share price dropped by 0.04 baht at a ratio of 4:1) at an appropriate value, representing an All in Premium at 219% with the volatility and trading value of the parent stock at low This makes us think that speculation on MIDA-W3 is difficult, as well as the position of MIDA-W3 at nearly 70% of OTM, makes us view that fundamentally the warrants are not recommended for investment.
MIDA-W3 Commenced trading June 23, 2022 Number of registered securities of warrants 626,020,527 units Exercise ratio (Warrants : New ordinary shares 1 : 1 Exercise price 1.50 baht/share Warrant period 2 years from the date of issuance of warrants (June 13, 2022) Warrant price 0.00 baht/unit Exercise date First 29 Dec 2022 Last Exercise Date 12 Jun 2024
MIDA and its subsidiaries’ main business is Sale and leasing of electrical appliances and used cars, hotels, golf course rentals billboard rental real estate development business Manage assets that have been transferred non-performing assets of financial institutions and security services business
By InfoQuest News Agency (23 Jun 65)
Tags: MIDA, MIDA-W3, Thai stocks, MIDA Assets
