hmm talking about KNM... i had a look on KNM's babies...
I dont know whether IBs who offered CWs will adjust the Exercise price or ratio since KNM made the announcement.. I hope yes.. coz if not... many ppl will get burned...
here are my findings:
KNM-CBLast Traded: 0.065
Exercise Price: 0.85
Exercise Ratio: 2:1
Lowest Since Listing: 0.055
CB price to exercise at 90c: 0.025
Potential losses if you bought at lowest: 54.5%
KNM-CCLast Traded: 0.095
Exercise Price: 0.75
Exercise Ratio: 2:1
Lowest Since Listing: 0.09
CC price to exercise at 90c: 0.075
Potential losses if you bought at lowest: 16.7%
KNM-CDLast Traded: 0.095
Exercise Price: 0.80
Exercise Ratio: 1:1
Lowest Since Listing: 0.185
CD price to exercise at 90c: 0.10
Potential losses if you bought at lowest: 45.9%
KNM-HAPut warrant... I dunno how to count gain/loss
*All the babies should still be alive when the privatisation exercise finishes
*I apologize first if my calculations are wrong.. i'm newbie

*While mothershare holders are rejoicing, warrant holders are shivering now...

while i was typing this post... DJ sank from 130 to now 160... ~ sigh ~ tolong tolong chiang ~ tolong tolong chiang ~
This post has been edited by mopster: Feb 4 2010, 11:36 PM