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Did u see it traded at 0.18 highest today? meaning u r not the only one. but those who bought at 0.18 haven't seen your post over here just yet Mr. Liew. Good luck.
wyman wong, u got it wrong bro. negative premium meaning its a + on your end. now anak is 12 sen + strike price is 16 = 28 sen + misc charges while mama is 55.5. u convert then sell u get 98% profit PROVIDED u buy it at 12 sen AND the mum share price retains at least 0.555 after u convert.
However, this is usually unlikely. a stock that goes 88% in a day will likely to fall sooner than u think. not trying to give out - vibes, but that is usually the case.
BUT, if u stick to your warrant now, and the anak climbs up to 39.5 sen ( 16 + 39.5 = 55.5 = mother share), while ur buying price at 12 sen = (39.5/12) - 1 x 100% =229% nett profit. wayyyyy higher than converting. dun want a?
1 thing to add, the mak tried to terjun gaung at 430, losing 10% from 0.555 then RECOVERED! more often than not, we see typical goreng stock all nosedive b4 closing especially on friday. not to say this is or not a goreng stock, all im saying, the mother looks strong at closing, so monday looks good.