Need some advice on warrants. If I were to buy JTIASA-CL with the following details:-
Buy at Price: RM 0.06
Exercise price RM1.30
Ratio 2:1
Maturity: 6 Jun 2017
Unit: 40,000
Does that mean if the underlying stock, JTIASA if price goes up to RM1.40 then I can buy JTIASA at RM1.30? How much do I need to pay for this exercise?
Based on you guys experience, buying warrant with less than 3 months maturity is it risky?
STOCK MARKET DISCUSSION V150
Mar 17 2017, 05:11 PM
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