arbitrage opportunities - if one is of the belief that the mother @ 0.29c is still strong and on the way higher in time to come, hence the warrant @ 0.08c is in the money and one can buy the warrant and convert to the mother by paying 0.20c - therefore the warrant is deemed to be a cheaper entry to buying mpay - irregardless of its short expiry - just my personal observation.
eastland. Newbie here. My average price Mpay-Wa is 0.12. Got trap earlier. If convert to Mother, worth it? Now still paper loss. Or should I keep it? FYI, no more fund for leverage d. Please advice for best action.
Hi Phoebeyee. Still blur. Can you elaborate? Does that mean if mother share is 0.320, is equivalent to 0.12 warrant? Thanks in advance. Really does not now how it works.
@doremidea - what i'm saying is arbitrage opportunities exist when the warrant is still in the money. There is no reason for the warrant to remain @ 0.08c if the mother goes up to say 0.30c because the big boys will snap up the warrant. During the last play,when the mum went up to 0.385c, the son was chased up to 0.285 and at one point the premium was only 0.085. The only reason why this is not the case now is because of Fear - fear of short expiry. Nevertheless, fear presents opportunities for others and i'm holding on to my warrants come what may - bot @0.06c. In your case, you bot @0.12c and no more fund, you just have to pray hard that the mum goes up to 0.32c- u will likely see 0.12c. Of course do not expect the mum to move up in a straight line. Good luck!
madiba i still keep the share which i buy at the price 0.37 until now. how to earn back on this counter? Any comment? Shall I keep the share or sell now?
hahaha...itu hari masa kasi tau buyyy...tak mau dengar...now baru semua berebut beli..saya makan masa 0.235...sudah jual 0.30... nanti mau makan balik..haha
technically this ctr is at uptrend, the resistant is at 0.315/0.325, meaning if it can pass resistant it will go thru till 0.38 which is 2nd resistant. it it can pass this then further abc 0.40. otherwise it will it will go back to support at 0.255, broke below 0.255 then bye bye . Fundamentally the company is in good shape, revenue is increasing every quarter, with the baking of E-banking future is bright for the company. hope my little advise help u guys.
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eastlands
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Posted by eastlands > 2015-04-01 11:22 | Report Abuse
arbitrage opportunities - if one is of the belief that the mother @ 0.29c is still strong and on the way higher in time to come, hence the warrant @ 0.08c is in the money and one can buy the warrant and convert to the mother by paying 0.20c - therefore the warrant is deemed to be a cheaper entry to buying mpay - irregardless of its short expiry - just my personal observation.