Hello. No. ADNOC should not necessarily be trading at 1.6 cents because the "volatility" is not 100%.
I started this topic to help people rather than steal people's money.
I started this topic because yesterday the spread between the ADN price and ADNOC price was very close to the exercise price, which caused me to sell my ADN shares and buy ADNOC as a long term play.
I was trying to point out a prudent bargain. ADNOC at 1.6 cents is not a prudent bargain.
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