Need a little help bout warrants there.

Using the links provided in this thread, I couldn't find the information on ANNJOO-wb warrant i.e. it's exercise price and premium.

Anybody has a better link for this? Even maybank trading portal couldn't provide me with the latest information.

Just curious, as of today, I believe annjoo-wb is trading at a premium relative to its mother share today if I remember correctly.Too bad short selling is not allowed for this warrant.

Has any of you tried exercising the warrant before? What are the steps in exercising a warrant?

I had an article somewhere about this but I couldn't seem to find it now.

I'll try to churn it out in layman's term.

Looking at sunway's warrant, sunway-wb, its exercise price is 1.30 with conversion method of 1 to 1 (i'm not sure if it's immediate) and the spot price for the warrant is 0.59. When you exercise the warrant, you'll pay in total rm1.89 for one mother share.

Current price of sunway holdings bhd is rm1.49 and thus you pay a premium of 40 cents for each warrant.

This post has been edited by jimmyttl: Jan 28 2008, 03:22 PM