What I have read in this thread just confirmed mi distrust in Australian Warrant Market. I always considered it the fundamental flaw that traders could only buy instruments (call or put) but not create them as is the case with ETO's.
This means that there is not a free market but the warrant trader is ultimately at mercy of the issuer, your merchant banks who would rather had their knees drilled than allow a trader to make a profit. Their intention always is to pocket the time value as most warrants expire worthless. On occassions when they get it wrong they try to distort the market and resort to manipulation of the market and trickery such as the sun spots bull.
I would not trust them as far as I could throw them and I would not buy a used car from them either.
Bohemian
cbawgn ... implied vol = 0.00%, page-10
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Last
$127.98 |
Change
2.490(1.98%) |
Mkt cap ! $214.1B | |||
| Open | High | Low | Value | Volume |
| $126.58 | $127.99 | $126.20 | $284.6M | 2.236M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 50 | $127.32 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $127.98 | 11527 | 3 |
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| Last trade - 16.10pm 18/06/2024 (20 minute delay) ? |
| CBA (ASX) Chart |