But there's 16c intrinsic value in the warrant Arthur. Also you can generally practise stop/loss procedure on warrants. Having watched nickoo's CSL trade I think the only way to trade ETO's is to take small positions and be prepared to lose 50-100% of your entry. The leverage cuts both ways.
Alpha, ANZWGV seems okay, some volume and .5 cent spread which is what I look for. I'll leave Rembrandt to comment on whether it's fair value but to me it looks to be around the "sweet spot".
You could look at ANZWMY too. That's where the action is but high risk. 23/4 exp. 1550 strike 4:1 ratio
another warrant play? help please, page-6
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Last
$32.34 |
Change
-0.120(0.37%) |
Mkt cap ! $96.31B | |||
| Open | High | Low | Value | Volume |
| $32.40 | $32.80 | $32.29 | $176.1M | 5.419M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5502 | $32.33 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $32.34 | 5195 | 1 |
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| Last trade - 16.10pm 19/11/2024 (20 minute delay) ? |
| ANZ (ASX) Chart |