very very very big corporate re structure on the move..... the master plan will be controlling 70% of all SEA private hospitals, including substantial of IHH equity. i heard dia also involve in a super world class hospital proposed in JB for world wide royal families....this hospital got a fleets of helicopters and 2 jets.
ok, i got it, the exercise/conversion price is 0.40. So, now the warrant is currently "at the money", and someone is trying to keep it that way. that's why the monther share has gone up by 0.40, but the warrant is only up by 0.15. it makes sense on theory, but many occasion we will find "out of the money" warrant given that if the maturity date is still far reaching.
having said that, so long as the maturity period for this warrant is still long time to go, the current price of this warrant of 0.095 is far different from the mother share of 0.495. normally, the warrant price will close the gap as time moves on. in the case of TMC, as long as the mother share can sustain its price level or further moving up, i believe the waarant price will moe up further to close the gap.
Assuming mother is at 0.495, i believe the warrant will be up from the current 0.095 to at least 0.40 in the near future.
if that' s the case, the current price of the warrant is fairly priced given the expiring time is quite near. Just hope the mother share price can continue to go up further to allow the upward movement on the warrant. From now on, i guess, the warrant price will move in tandem with the mother share....
Post a Comment
People who like this
New Topic
You should check in on some of those fields below.
Title
Category
Comment
Confirmation
Click Confirm to delete this Forum Thread and all the associated comments.
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....
samsam92
189 posts
Posted by samsam92 > 2014-07-16 16:21 | Report Abuse
dang..tmc no energy liao:(