#SJC
#SJC-WA
More than 16m SJC-WA warrants were transacted between 4:35pm and 4:36pm, contributing to a total of 23.3975m warrants traded today. This accounts for approximately 24.1% of the total outstanding warrants.
Exercise price of warrants: 50 sen
Warrants expiry date: 14 October 2026
The mother share closed at 34.5 sen. Considering the lack of significant leverage, the warrants being out of the money, and the high conversion premium, why are buyers willing to pay 33 sen for the warrants instead of purchasing the mother shares directly? 🤔
#SJC-WA
More than 16m SJC-WA warrants were transacted between 4:35pm and 4:36pm, contributing to a total of 23.3975m warrants traded today. This accounts for approximately 24.1% of the total outstanding warrants.
Exercise price of warrants: 50 sen
Warrants expiry date: 14 October 2026
The mother share closed at 34.5 sen. Considering the lack of significant leverage, the warrants being out of the money, and the high conversion premium, why are buyers willing to pay 33 sen for the warrants instead of purchasing the mother shares directly? 🤔