This is a put warrant...basicly...this is a loss making counter...yes,if it is a call warrant it would be profitable...but in this case its not...ambank forget to disclose profit calculation for put warrant in their propsectus....most probably, they request for suspension because of this.......so..if u bought this counter few days back...can try to ask your money back from ambank if u cant sell in the market...which i think u wont be able to do so when the trading resume.....
You mean those who bought it are finished?? unless you carry out the exercise? (exercise price 2.30 ratio 3:1? I dont understand what is put warrant...Yito you dont mind to elaborate?? Thks
Tradersam@ put warrant is a right for shareholder to sell the share(mothershare)..meanwhile call warrant is a right to buy...both at a specific price...for example...in this case...drbhcom-ha is a put warrant with exercise price of 2.30....thats mean...if the mothershare price fall below the exercise price...than u r profitable...the logic is...u have a right to sell those share(mothershare) at higher price.....the issue at the moment is...ambank...the bank which issue this warrant dont explain the calculation of profit for this type of warrant in their prospectus.thats why they request for suspension...if anyone loss a chunk of money in this...u guys can claim it with them...worth trying....this is a serious issues.... I hope my explanation help u....
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
gunner1781
4 posts
Posted by gunner1781 > 2012-01-30 16:48 | Report Abuse
can anyone explain why the suspension of DRB HA