attention warrant gurus, page-3

Hi Hooter ... not a dumb question.

NABXOT is a Barrier Put with a 'kill' price of $12.00.

With NCP firming strongly $0.30 so far today to $11.81 NABXOT is being sold off fast as it is only $0.19 off being killed.

NABXOT opened today at $0.40 and will be zilch if NCP 'touches' $12.00.

Just out of interest ... NCPXOT traded for the first time yesterday and opened at $0.61 ... be funny if it gets killed off in just two days.

Barrier Warrants are priced differently to Trading (Equity) Warrants.

Cheers ... tight stops.


This is only my view ... read the red stuff.