Aiyo CE price at maturity date is calculated by mother shares lah. You can goreng CE to RM 10 also can, but at the maturity date, the CE payment is by mother shares calculation.
CE exercise price 1,20, conversion ratio 1.5. If today mother shares closed at 2.00, case settlement for CE is (2.00-1.20)/1.5= 0.5333. If today mother shares closed at 1.95, case settlement for CE is (1.95-1.20)/1.5= 0.5000.
7155CE SKPRES-CE SKPRES-CE: CW SKP RESOURCES BHD (AM) Expiry/Maturity of the securities
Instrument Category : Structured Warrants Instrument Type : CALL WARRANTS Exercise/ Strike/ Conversion Price : MYR 1.2000 Exercise/ Conversion Ratio : 1.5 Settlement Type/ Convertible into : Cash Last Date & Time for Trading : 22/01/2018 05:00 PM Date & Time of Suspension : 23/01/2018 09:00 AM Last Date & Time for Transfer into Depositor's CDS a/c : 25/01/2018 04:00 PM Date & Time of Expiry : 25/01/2018 05:00 PM Date & Time of Delisting : 26/01/2018 09:00 AM Remarks :You are advised to read the entire contents of the announcement or attachment.To read the entire contents of the announcement or attachment, please access the Bursa website at http://www.bursamalaysia.com
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Peter Yoong
237 posts
Posted by Peter Yoong > 2018-01-22 11:11 | Report Abuse
Aiyo CE price at maturity date is calculated by mother shares lah. You can goreng CE to RM 10 also can, but at the maturity date, the CE payment is by mother shares calculation.