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kiasutrader1
59 posts
Posted by kiasutrader1 > 2014-02-17 12:40 | Report Abuse
The support price of Mudajaya is 2.50 - 2.59 and resistance at 2.83 level. The warrant 2 for 1 at 0.15 means that we have to pay .30 to get 2 warrants now and convert to shares at 2.60 = 2.90. Unless the share price can go beyond 2.90, which appears to be limited at this point in time, there is no reason to consider this warrant.