good call warrant to trade, page-32

Hi Ff

Not annswering for ASX but I would generally look for 'active' warrants because I would prefer to play against others as well as the MM because the MM is not always a nice person and can adjust spreads once you are in the trade.
He is obliged to give you a market and must always give you a sell quantity to match your buy (you sometimes have to call them to arrange if low liquidity)however they often will spread wide.
I have actually called them (citi) previously and asked them to tighten it so I could get out. He actually asked what I wanted and gave it to me (tad under break even).
That however was with real tight close to expiry stuff with prices in the single cents where you get bigger spreads,higher risk but if things work out bigger rewards.