3-year warrant is common isnt it? i thought company warrants usually stretch abt 3 years. Seldom 5 years, and rare to have 1 or 2 years. These FOC warrants proposed by Best World will benefit long-term investors. Surely over the next 3 years, the warrants can only appreciate as the economy recovers and consumer sentiment improves. The warrants are a fantastic instrument to ride on the potential upside. But as dydx wrote, I hope that the warrants r not all that Best World is giving for their 20th anniversary. Actually, these people are smart at marketing and i expect them to roll out the goodies one by one. special dividend to be announced soon?
If they are smart, then should return the extra cash to investors and actively do share buyback! Else, trying to design a warrant as rewards is definitely cannot make investors happy!!
They are very busy with 20th anniversary celebrations this weekend: BWL 20th Anniversary Celebration - Events of Celebration
Overall Theme: 20 Years of Empowering Life Date: 12th June 2010 (Saturday) Venue: Singapore Indoor Stadium Event Title: World Learner Extravaganza Opening Parade Launching of World Learner Fund Platinum Directors Presentation Mayday Live Performance
sg.bwlgroup.com/english/whatson_annual.jsp#logoo
They are very busy with 20th anniversary celebrations this weekend: BWL 20th Anniversary Celebration - Events of Celebration
Overall Theme: 20 Years of Empowering Life Date: 12th June 2010 (Saturday) Venue: Singapore Indoor Stadium Event Title: World Learner Extravaganza Opening Parade Launching of World Learner Fund Platinum Directors Presentation Mayday Live Performance
sg.bwlgroup.com/english/whatson_annual.jsp#logoo
So busy until they forget to declare special cash bonus and no time for share buyback!:laugh: