Tomorrow is the D day ...KFLWH starts trading ...if the exercise price is around $ 1.25 then it's got 11 Cents current price difference plus add time value of say 4-5 cents ....shud list around 15 cents ....if one calculates from current NAV of $ 1.4106 then it can be stretched to even 20 Cents as fair valuation ...
Lets see how market perceives it ...after all market is always right :cool: