Baby sharkkk dut dut dut This put warrant is...... By maturity date 22/3/2021, if share price of TOPGLOV is RM25 or below. you will be awarded. Exercise value : RM25 Exercise Ratio : 15 : 1
If let say upon maturity share price is RM20. Then you will get (RM25-20)/15 = RM0.33 for each put warrant you hold.
If let say upon maturity share price is RM15 Then you will get (RM25-15)/15 = RM0.66 for each put warrant you hold.
However, it is risky to invest in put warrant as you will need to follow up closely with company announcement. The company can change the exercise price and ratio before the maturity date.
Let say now TOPGLOVE is having bonus issue, after the bonus issue, the company will amend the exercise price and ratio as well.
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....
katappa
175 posts
Posted by katappa > 2020-07-24 10:04 | Report Abuse
this one will cry without tear soon