THR
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0.00% 1.4¢ thor energy plc

oppies neglected, page-5

  1. this_is_it
    7,409 Posts.
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    14/05/07
    20:25
    Post #: 2447676
    They are actually options. Warrants in UK = options in Australia. The conversion of 8p is 19c atm. Therefore the oppies are trading currently 30c+19=49c compared to fpo 44c meaning a 5c premium. This is at the lower range of what the options have been trading at since listing. Have seen the options trade up to 10 and 11c premium so I would currently say the options are a bit low atm. Saying that there havent been many options on offer and it has been quite gappy of late.
    THR Price at posting: 0.0¢ Sentiment: Buy Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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