Barramundi ( BRM )

**dabsman** · 29-04-2021, 09:37 AM

Originally Posted by oldtech

Glad I picked up the warrants I wanted a bit earlier in the month

(Well ... the warrants I could afford, anyway. Wanted a lot more ...)

Paid a bit over the odds, but still looking cheap compared to yesterday's closing price!

I'm up 150% on the warrants

Will convert as total cost with bought warrants, free warrants and guessimate of exercise price will be 75c. Cant complain

**oldtech** · 29-04-2021, 09:57 AM

Originally Posted by dabsman

I'm up 150% on the warrants

Will convert as total cost with bought warrants, free warrants and guessimate of exercise price will be 75c. Cant complain

Well done! I was late to the party, but should still be doing well come October.

**dabsman** · 29-04-2021, 10:02 AM

I've been buying head shares a week or two before dividend each quarter for the last 5 quarters. Will convert all warrants and keep buying small amounts each quarter. DRP is great for accumulating a big position as its quarterly and tax paid in the majority and at a 3% discount

**justakiwi** · 29-04-2021, 10:41 AM

What KFL warrants issue “in the pipeline?” I haven’t seen anything about another potential issue

Originally Posted by alokdhir

I was talking about new warrant issue of MLN already announced and of KFL in the pipeline ...was not referring to ongoing warrant issue of BRM

MLN record date for prorata allotment of warrants is 14th May

**777** · 29-04-2021, 10:47 AM

Originally Posted by justakiwi

What KFL warrants issue “in the pipeline?” I haven’t seen anything about another potential issue

Just look at the frequency each of the three companies announce them. I speculate that the KFL one will be before the end of this year. Perhaps as late as next Mar. Exercise of warrants 12 months later.

May not happen of course.

**justakiwi** · 29-04-2021, 11:06 AM

Ah ok. I thought he/she was talking about something already confirmed. Thanks for clarifying.

Originally Posted by 777

Just look at the frequency each of the three companies announce them. I speculate that the KFL one will be before the end of this year. Perhaps as late as next Mar. Exercise of warrants 12 months later.

May not happen of course.

**alokdhir** · 29-04-2021, 11:16 AM

Originally Posted by justakiwi

What KFL warrants issue “in the pipeline?” I haven’t seen anything about another potential issue

If u observe the trend of new warrant issues ...MLN got last exercised in Nov last year and new got announced in April this year ...if we keep the same timeline then KFL which exercised in March this year should have a new one announced around August / Sept .

Most likely to happen as they will like to cash in on the appetite for listed PIE's