crystallizing of dividends for derivatives ..., page-4

Thanks R

I was not aware of these two paragraphs:

Firstly, holders of Equity(trading) Warrants do not have an entitlement to Dividends ... the holders of the FPO's (Issuer's) do.

My first thoughts were that the above would have to be the case. However one of the financial web sites I subscribe to indicated that put warrants are often price higher because of the dividend component.
This confused my original line of thought as no attempt was made to expand on this comment.

Thirdly, CBAWGM has a Strike of $30.00 and where the Underlying is less than this (CBA currently $27.87) then the Warrant cannot be Exercised irrespective of type. (American/European).

That’s interesting to know.

Your earlier comments regarding CBAWGN is also interesting.
CBAWGN is basically trading in line with current price. We assume that CBA will rise into dividend payment.
Current trading price less dividend compared to exercise price plus true cost of warrant. (True cost of warrant being the number by cost of warrant to control one share)
Am I close to being on the right track here?

Regards