I think one reader misread what I have said in my previous article. At listing, it’s not going to be RM 4000/share. Its going to be between RM 3-4 per share. At RM4.65 with about 810 shares each, the FELDA settler in order to get another windfall of near to RM 4000, will need a premium of RM 4 over his cost. His cost per share is indeed RM 4.65 x 810. RM3766.50. RM200 processing fee.
The opening price will then have to be around RM8.65. I don't know whether that is possible. The government can persuade some big boys to play the market to push up the counter. I think that is the strategy they will use. So, the remark by one reader that the government has an ace up their sleeves will turn out prescient.