HYG, very simple. For the C19 to be worth the last closing price today of 0.035, Skpetro's price must be 0.035 x 2.8(R) + 1.90(EP) = 1.998 before 07Mar16(MD).
Please note that Skpetro's last price today is 1.76, lower than the EP which means C19 is currently a trash paper or zero value. Sorry and gudluck ya.
R = ratio / EP = exercise price / MD = maturity date
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....
kangsau
8 posts
Posted by kangsau > 2015-12-27 10:55 | Report Abuse
Any idea/advise about this call warrants?