re: re:rembrant - any thoughts? ... debono
Hi Debono ... yes .. NWS close $27.96 ... I did the sums on that figure but looked at the low when posting ... dopey me.
ADR (NWS) = USD27.96 which trades a 1:4 ratio and used exchange rate of $0.5612.
= 27.96/4/.5612 = $12.455.
If is only a roughie due to fact NCP here seems to track according the NWS ... seems to have done it again today.
Not sure re: Warrant Issuer's here ... with ETO's the new issues are generally posted the day or so after Expiry.
Not aware of any particularly pattern ... Issuer's usually recycle the Codes ... occasionally they will reset them if the underlying moves too far from the money.
