can call warrant convert to mother share ?

ocean_1307

by the date of expired date, call warrant + exercise price can it convert to mother share?
yesterday i thinking of buying genting-ca . but my remindser told me better don`t cz he say call genting-ca expired soon, and call warrant cant convert to mother share.is it true?mean after expired date call warrant will b rubbish?

ocean_1307

Y no ppl help answer my ques?pls help ...I need the asnwer to consider on buying
tm-cc and maybank-ca tomorrow ...thanks

Wisdom

原帖由 ocean_1307 于 2-5-2007 10:46 AM 发表
Y no ppl help answer my ques?

你已违规了， 请用中文。

诺南美

最近出的Call Warrant都不能转换母股。。
详细的detail， 要跟你的remisier 查查。。
Genting-CA 是要到期了。
以下是Genting-CA的资料, 不过转换价必须除5(因为Genting Share Spilt 了)

Summary of principal terms of the Genting CW

Exercise Ratio : 10 Genting CW : 1 Genting share

Exercise Price : RM25.54, being 105.00% of the 1-day volume weighted average market price

(“VWAMP”) of Genting shares on 14 September 2006 of RM24.32

Settlement : Cash settlement only

Cash Settlement Amount = Number of call warrants x (Closing Level – Exercise Price) x 1/Exercise Ratio

                                        = Number of call warrants x (Closing Level – Exercise Price) x 1/10

Where the Closing Level will be:

(i) if exercised before the Expiry Date, the Closing Level will be the closing market

price of the Genting shares on the market day immediately before the exercise date.

Any Exercise Form received by the Call Warrant Registrar after 9.00 a.m. on any

market day shall be deemed to have been received on the next following market

day, or on Expiry Date, whichever first occurs;

(ii) if the Genting shares are delisted or suspended, the Closing Level will be the closing

market price of the Genting shares on the market day immediately before the

delisting or suspension; or

(iii) if exercised on the Expiry Date, the Closing Level will be the 5-day VWAMP of the

Genting shares before and including the market day before the Expiry Date.

If the Cash Settlement Amount after deducting all incidental expenses is equal to or less

than zero, we shall not be obliged to make any payment to the relevant warrantholder,

and the Genting CW which have been exercised shall thereafter become void.

Orochimaru

GENTING CA转换价是5.１１, ,不是说很高.
只有那些转换价太高而又到期的才会变鸡肋

8years

原帖由 ocean_1307 于 2-5-2007 10:46 AM 发表
Y no ppl help answer my ques?pls help ...I need the asnwer to consider on buying
tm-cc and maybank-ca tomorrow ...thanks

only stupid people would like to convert mother share.why? when you study more detail then you will know. SO, answer is never consider purchase a callwarrant ornot DEPEND　on can it convert moether share.

用英文回答是因为木门对木门

Orochimaru

TM-CA 11月中就到期,上星期已经大起..最重要是你认为mothershare在到期前会到多.

[ 本帖最后由 Orochimaru 于 6-5-2007 11:53 PM 编辑 ]