Its call as ELN
________________________________ From: Joe Grunk <joe_gr...@yahoo.com> To: obrolan-bandar@yahoogroups.com Sent: Wed, February 3, 2010 8:40:57 PM Subject: Bls: [ob] Warrant bumi (tidak benar) From:Ricardo Silaen Sent: Wednesday, February 03, 2010 2:47 PM Subject: FW: BUMI warrant ??? Please find the response from Bumi below which essentially saying there is no warrant issued by Bumi. Looking at the statement issued, here is my understanding: * The issuer is OSK Investment Bank not Bumi Resources * Period 8 month (European call) * The size of issuance is relatively small with only 75m warrants (ratio 1 share for every 2 warrants), potentially this translates into total proceeds of Rp93.75b or roughly only US$10m. * Total cost for buying the 2 warrants at RM0.15 each and then exercise into a share at Rp2500 = Rp3320, much higher than current share price. * Settlement is in cash, so this we believe means there is no new share issuance. In essence, this is just a derivative product issued by OSK with Bumi as the underlying assets. No impact to share price at all. ________________________________ Dari: M Herman <hermanlatief@ yahoo.com> Kepada: obrolan-bandar@ yahoogroups. com Terkirim: Rab, 3 Februari, 2010 16:41:57 Judul: Re: [ob] Warrant bumi (tidak benar) dokumennya palsu...ini saya dapet komen dari Investor relations bumi yg dikirim oleh broker saya.. We do not know of any warrant issued by Bumi. Both your attentions are drawn to our corporate announcement on 27 Jan '10 - 'Bumi Resources Reiterates Information Sharing Policy to Eliminate Rumors and Protect Shareholders' Interest' " Only Official Announcement Equals Credible Information. " If you (or others) may not have received the above release please let me know. Regards, Dileep --- On Wed, 2/3/10, arif felix <arif_handoko1972@ yahoo.com> wrote: >From: arif felix <arif_handoko1972@ yahoo.com> >Subject: [ob] Warrant bumi >To: "OB" <obrolan-bandar@ yahoogroups. com> >Date: Wednesday, February 3, 2010, 1:24 AM > > > >mohon pencerahan dari aksi korporasi warrant ke negeri jiran ini. > ________________________________ Lebih Bersih, Lebih Baik, Lebih Cepat - Rasakan Yahoo! Mail baru yang Lebih Cepat hari ini!