Lute gave a good run down on them not so long ago on the SYR thread. I don't deal in them and don't fully understand but the early SYR MINI's did play havoc a bit with the SP.
This is from CS website - "will be working to ensure an orderly wind-down of these warrants"
Credit Suisse MINIs and Trading Warrants Announcement Credit Suisse Trading Warrants, Barrier Warrants and Credit Suisse MINIs will no longer be offered by Credit Suisse Investment Services (Australia) Limited.
Credit Suisse will continue to meet its market making obligation in respect of all outstanding warrants with Holders. Holders of Credit Suisse Trading Warrants, Barrier Warrants and Credit Suisse MINIs will continue to be able to sell their warrants back to Credit Suisse on-market. Further, this announcement has no effect on the terms of issue of, or the rights of the holders of, existing Credit Suisse Trading Warrants, Barrier Warrants or Credit Suisse MINIs.
Credit Suisse will be working to ensure an orderly wind-down of these warrants.
SYR Price at posting:
$2.51 Sentiment: None Disclosure: Not Held
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