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PRTASCO-WA : High Gearing Suitable for Leverage Play

The new warrant of Protasco Berhad (PRTASCO-WA) made its debut at Bursa Malaysia on this 2 May 2018.  This warrant was given free to shareholders as part of bonus issue of shares and warrants undertaken by the company recently.  PRTASCO-WA traded between 15.5 sen to 22 sen in the its first day of trading.  The warrant then lost ground as stock market sentiment remained weak ahead of the general election on 9 May.  PRTASCO-WA ended trading on 8 May at 15 sen while the mother share closed at 74.5 sen.

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