JAKS-WB : Bullish investors to buy mother share

Written by Editor

JAKS-WB, the new company warrant Jaks Resources Berhad (Jaks), made its debut at Bursa Malaysia on 20 December 2018 below its issue price of 25 sen.  The warrant opened at 17.5 sen and traded as low as 15 sen before making its recovery to close the first trading day at 21 sen.  JAKS-WB subsequently climber to 25.5 sen at the close of Christmas Eve. The mother share of Jaks, which was trading above 90 sen in early November, saw its price collapsed in the last few weeks and traded as low as 40.5 sen on 18 December before recovering somewhat to close at 50 sen on Christmas Eve.

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