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For upcoming QE result , there will be higher income from investment banking business, but also a huge losses from last quarter due to maturity of call warrant, estimate about 70million to 110million in losses.
No, unrealized losses for call warrants are stated in every quarters report, and call warrants for Topglove were matured during last quarter, you may refer it's settlement per share to estimate the losses
Max issuance for call warrant is 35million shares, whether Kananga can mitigate its losses, i think will depend on how much quota left to sell more to public after Topglove skyrocked 5 fold.
