I agree with Chinguetti's "binary" approach, but notice that it does assume that the market / market-maker will continue to apply a similar approach (Black-Scholes) to price the warrants before and after the result of the next well. The main question is whether the current implied volatilities of over 100% will still be priced in AFTER Banda, or will be dropped to something much lower.
No way to know - you pays your money and you takes your chance.
- Forums
- ASX - By Stock
- HDRWMB are they expensive
HDR
hardman resources limited
I agree with Chinguetti's "binary" approach, but notice that it...
Featured News
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
Currently unlisted public company.
The Watchlist
VMM
VIRIDIS MINING AND MINERALS LIMITED
Rafael Moreno, CEO
Rafael Moreno
CEO
SPONSORED BY The Market Online