you buy 0.1, say it ends at 0.1(last trading day), exercise price is 1.00, you need to pay 1.00 for every share you have, so 100 lot is rm10k additional you have to fork out which takes 2 weeks to convert before the mother share goes into your account
Does this means example warrant price last trading day is RM0.40 cents and mother price is RM1.00/lot. when converting I pay RM1.40/lot. And if the current Mother price is RM2.00 therefore I make profit of RM0.60 right?
per share, not per lot..., say you buy only 100 lot, you buy at 0.40 and the warrant is "in the money", you need to pay 0.40X10000 + 1.00X10000 = rm14,000, PROVIDED if the mother share does not go down in the next 2 weeks after last warrant trading day and it goes to 2.00, then yes you earn 0.60 per share
yeah and if nobody dare to buy the operator rugi and will find some excuse to takeover or inject some assets or whatever grandmother news to push up. if many retails in they will diam diam like dataprep and down.
Hi John, any possible uptrend agn nxt Tuesday since WA is at discount, btw there are issuance of new shares, any outlook about the stock? Will be very appreciate for the advise
The problem with low volume is many caught at the top and don't have any chance to sell. If you buy 200 lots...the queue is only 40 lots... so you are caught with your pants down.
Zenithopia, I just bought WA little bit for fun only just before lunch break. See whether can make some more profit The mother looks like stabilizing and may go up in the afternoon.
I switched to DNEX-WD. Mother already run, son will catch up later just like Seacera-WA.
Cheers
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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....
BabyTA
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Posted by BabyTA > 2017-04-20 14:33 | Report Abuse
you buy 0.1, say it ends at 0.1(last trading day), exercise price is 1.00, you need to pay 1.00 for every share you have, so 100 lot is rm10k additional you have to fork out which takes 2 weeks to convert before the mother share goes into your account