PBBANK-CH is going to be expired.Anyone bought it?
current price 0.005
underlying price 9.93
exercise price 9.85
if buy in at RM0.005
RM9.93 - RM9.85=RM0.08
RM0.08/RM0.005= 16 times or 1600%profit?
am i correct?

conversion 10 :1
1 lot PBB RM9.93 + 10lots PBBANK-CH (RM0.005 x 10)=RM9980.
10 x RM0.005 x 1600%=RM0.8 (RM800 cash earning)
after the call warrant expired on 3-9-2009 can if the price of PBB stays at RM9.93 so the profit would be like RM800.

This post has been edited by ragnarokx: Aug 27 2009, 06:47 PM