Warrant question.....


example in actual figure...

IOICORP = RM4.660

IOICORP-CI = RM0.005
Non-Collateralised American Style
Maturity date 03/08/2009
Exercise price = RM5.50

so 0.005+5.5 >4.66
Means this warrant is "tapau" <---- correct?


IOICORP-CJ = RM0.260
NON-COLLATERALISED AMERICAN-STYLE CASH SETTLED CALL WARRANTS
Maturity date 03/06/2010
Exercise price = RM 2.88

so 0.26+2.88=3.14 < 4.660
Means i can buy the mother at 3.14 + processing fee ?
the convert of mother share can be do it any time or until expire date?
if can convert now those ppl who buy warrant and convert to mother can earn big money ler.....
am i rite?


any pro can answer me?
if really can by just waiting for 2-3 week to convert is worth to try...

This post has been edited by chunjiet: Jul 19 2009, 05:59 PM

CLEAR!!!!!!

means CJ also tapau unless u bought it now (0.26) and the mother raise more then 4.96++ correct?