puan roshatika..
emm saya ada baca pasal call warrant / strautured warrant.. saya tak faham la pasal conversion... saya terbaca ini..
"The charade continues in the covered warrants. Genting-CD now trades at 13 sen. You still need 50 to convert into one share 50 x 0.13 = $6.50. Pay another $7.80 to convert = $14.30. Premium 14.30/9.15 = 56%. Gearing 9.15/6.50 = 1.4x. Isn't that the lowest gearing you can get on the bloody thing??? Oh, expiring in Sep 28. Watch this one implode. Current fair value 5-7 sen for the covered."
so let say BURSA-CC, maturity 14/09/2007, execise price RM9.90, conversion ratio 10 fo 1, share per warrant 0.10, premium/discount 30.63%, gearing 2.41
apa maksud semua tu...?
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usaha bukan kata...
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