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5,874 Posts.
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14/01/05
09:56
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Hey Mr Danlupi,
Installments have many facets to them....best to go to the ASX page & have a look at their info, but basically....(as I interpret it : )
.....entitle holder to divvies/placements etc (from memory )
.....have a time decay factor
.....issued by a third party (not asx or underlying company)
.....have a conversion ratio
HDRIZU has final payment of $1.50 on 24/1/06.....(other installment warrants will differ).
Luck to ya
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