BHP 1.74% $39.63 bhp group limited

can someone please tell me, page-5

  1. 17,117 Posts.
    I will tell you how.........they are warrants, call warrants, pay 7.00 now and 22.00 in December
    easy
    some are 1;1, 5;1. etc ie no of warrants per share
    that one was a 1;1
    you pay a premium on the basis u expect the sp to rise
    at years end you get a statement, showing the cost of the put and the call and the interest u can claim for tax
    u need to do some research before u try
    lots of catches for the new player
    cheers
 
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