Jiang copper warrants yesterday to leave the right to float the big should early throw

By the mid-Autumn period LME copper price approximation 8000 U.S. dollars/ton of the stimulus, Jiangxi Copper yesterday (600362, closing price of 31.02 Yuan) rose 5.19%, and yesterday is the copper 1.761 billion warrants the start date.　　The right of the line date as of October 8, and the right of the Jiang Copper shares will be listed on the next day circulation. In yesterday's copper surge of more than 5%, the original line has 11.56% of the profit of the warrants holders will receive more than 17% of the proceeds, of course, the premise is to be successful in today's transaction.　　Industry insiders pointed out that if Jiang copper warrants all the right, the market will gush 440 million shares, plus yesterday, Jiang Copper group held 1.28 billion shares listed, the circulation plate will expand to 2.073 billion shares, in the profit plate under the pressure, will undoubtedly give Jiang copper share prices bring a small impact. Insiders believe that, in the short term, the high profits of the right investors have undoubtedly become a stumbling block to the shares of copper shares,　　In addition, Jiang Copper's previous circulation plate is only 353 million shares, in addition, Jiang Copper group held 1.28 billion shares of restricted stock market yesterday, as well as the recent 440 million shares, Jiangxi Copper circulating capital will suddenly increase to 2.073 billion shares, in the case of poor liquidity, it is bound to trigger a sharp price shock.　　Bohai Securities Financial analyst He Xiang told reporters that in the profit space is still large, investors should choose the right to the early, so that in the holding of Jiang Copper shares listed in circulation after the initiative. Jiangxi Copper yesterday also issued a special announcement to remind trading inactive account to pay attention to the right to do. If all the right to succeed, Jiang Copper will be successfully financed 6.75 billion yuan, while the total capital of Jiang Copper increased to 3.463 billion shares, although will be diluted earnings per share, but each share of Capital Provident Fund will be increased by 1.95 yuan.　　Jiangxi Copper in the time of the announcement, the company will do its best to promote the rights of warrants, for the company Dexing copper mine 130,000 tons expansion project and the Afghan Aynak copper mine project and the North Peruvian Copper Company project construction fund-raising, for these projects can be promoted according to the plan to provide financial security. Citic Securities, the latest research report, in the copper price rebound at the same time, from the plate valuation, the current copper block 2010 average price to 25 times times, in each sub-industry index relatively low, the proposal can focus on Jiangxi copper industry. This is a big support for Jiangxi Copper shares.