Monday, April 28, 2008

Derivative: TA Warrant

TA Warrant is the derivative from the mother company TA Entreprise Bhd. This warrant is now traded at the price RM0.335 in the market. 4898X - TA-WB

Exercise price: RM1.00
Ratio: 1:1
Expiry: 2009.06.24

The value of this derivative is now exercise price + traded price. RM1.00 + RM0.335 = RM1.335. Since TA mother share is now traded at the price of RM1.17, if you buy TA-WB at RM0.335, that means you are paying premium RM0.165.

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