Warrants - good deal?
- Thread starter bigt
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Bigt
1) What security are we talking???
2) Is the euro or american? I presume euro, otherwise there would be an arbitrage op here.......
3) Is it a barrier warrant???
Unless there is a bloody good reason or a mix up, warrants normally trade at a premium to intrinsic value because they have embedded time value.
Cheers
1) What security are we talking???
2) Is the euro or american? I presume euro, otherwise there would be an arbitrage op here.......
3) Is it a barrier warrant???
Unless there is a bloody good reason or a mix up, warrants normally trade at a premium to intrinsic value because they have embedded time value.
Cheers
wayneL
VIVA LA LIBERTAD, CARAJO!
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ratio?
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Wayne
Of course....... forgot to ask the most obvious question...... HAHAHA!!!!
Cheers
Of course....... forgot to ask the most obvious question...... HAHAHA!!!!
Cheers
Lost me there guys...ratio? Euro/American? I need to read up more. This is a warrant for an ASX listed company (miner)...I thought they were just like options, just with a longer expiry date. The quote is just a standard detailed one, lists the buy price, excercise price and expiry date. Any suggestionss where the ratio is detailed?
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The ASX site www.asx.com.au/investor/warrants/index.htm has some good information on the basics of warrants that should answer most of your questions.
Thanks dubious...I have read the prospectus aswell, which states the listed warrant entitles the holder to one share in the compay at 8c. There is no mention of american / euro etc in the prospectus. Will keep checking this one out, may be an arbitrage opp as stated before.
