Hmmm... CBAWGN should technically be (Imp/Vol 13.5%) $0.2925 on open today and not the $0.235 quoted ... given $0.19 intrinsic value and Mar03 Expiry ... it is pretty disgusting.
Issuer's trade on Customer ignorance of FAIR VALUE.
The Warrants Market is fading fast and Issuer's(MM) fail to realise they are causing structual damage to their own Market with these antics for short term gain.
Simply, SGA stuffed up with CBAWGN ... gambling on CBA being $26.50 at Mar03 Expiry.
At $28.18 (now $27.45) at Mar03 Expiry ... SGA won't make a cent out of this offering .. only what it can rip-off along the way.
We are moving back into ETO's for this year ...
Cheers ...
This is only my view ... read the red stuff.
cbawgn ... implied vol = 0.00%, page-4
Add CBA (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$131.63 |
Change
-1.030(0.78%) |
Mkt cap ! $220.2B | |||
| Open | High | Low | Value | Volume |
| $130.86 | $131.63 | $130.40 | $504.5M | 4.019M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5713 | $131.63 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $131.65 | 169 | 1 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| CBA (ASX) Chart |