C9 is now selling at 68 sen ( issue price of 53 sen, exercise ratio 200, exercise level 1640, maturity date 29Feb2016) whereas C7 is now selling at 27.5 sen (issue price of 52 den, exercise ratio 228, exercise level 1650, maturity level 31Jan2016). C9 is selling above issue price whereas C7 is selling below its issue price and both CWs are all out of money now. But why still want to buy C9? Wouldn't C7 be a better bet?
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....
tan9232
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Posted by tan9232 > 2015-09-02 16:03 | Report Abuse
C9 is now selling at 68 sen ( issue price of 53 sen, exercise ratio 200, exercise level 1640, maturity date 29Feb2016) whereas C7 is now selling at 27.5 sen (issue price of 52 den, exercise ratio 228, exercise level 1650, maturity level 31Jan2016). C9 is selling above issue price whereas C7 is selling below its issue price and both CWs are all out of money now. But why still want to buy C9? Wouldn't C7 be a better bet?