Some are really investing a lot of money trying to keep SP down ...NAV hitting well over $ 1.395 at present but interested parties wont let it cross $ 1.24 ...Good on them
Just a hunch, but it wouldn't surprise me if someone mops up a large bunch of warrants on the Friday close, exercises them, and then lets the head shares start to run.
Just a hunch, but it wouldn't surprise me if someone mops up a large bunch of warrants on the Friday close, exercises them, and then lets the head shares start to run.
Warrants stop trading in an hour
”When investors are euphoric, they are incapable of recognising euphoria itself “
Hi team, I have some warrants. Just want to check details as I'm a bit of a newbie. So warrant trading finished today 24th. I can excise by this Friday 26th July, with excise price of $1.26. So would it be right in saying that the warrants will only have value (worth excising) if head share (currently $1.25) moves to $1.27 or above? Thanks in advance for any clarification.
Hi team, I have some warrants. Just want to check details as I'm a bit of a newbie. So warrant trading finished today 24th. I can excise by this Friday 26th July, with excise price of $1.26. So would it be right in saying that the warrants will only have value (worth excising) if head share (currently $1.25) moves to $1.27 or above? Thanks in advance for any clarification.
U have two options mate ...exercise them via KFL @ $ 1.26 directly and save the broker charges or BUY on the market via a Broker for current SP $ 1.25 ...not much difference so no need think too much ...which ever suits better . U can also decide to let your warrants lapse that way u dont exercise them and dont have any head shares . BTW current NAV is over $ 1.40+ which will be revealed today afternoon !
So there was no appetite from the big boys after digesting multiple capital raises....did they take in turns to be "it" in pushing the price down? Odds on this goes over the exercise price after the exercise date.....yeah it's a level playing field as evidenced by other recent activities pre-announcements. /tui
Originally Posted by alokdhir
I think U know too much about markets and its ways ...lol
In plain English are you guys saying big holders are pushing the SP down so that warrants fail? is this why the discount is so large?
Instant success is a curse and a gift. The curse is you think luck is skill. The gift is you know it can be done. Then it’s a race to turn luck into skill before you lose it all.
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