The warrants such as WOWKZF are not barrier warrants.
They can be stopped out if the underlying drops below the weekly defined stop loss level - this usually leaves some residual terminating value.
An easy to understand explanation can be found at:
http://www.rbs.com.au/warrants/
I have found them a useful tool with advantages over both CFDs and ETOs
turnaround day?, page-9
Add WOW (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$35.73 |
Change
-0.890(2.43%) |
Mkt cap ! $43.64B | |||
| Open | High | Low | Value | Volume |
| $36.45 | $36.45 | $35.26 | $125.3M | 3.516M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 2498 | $35.70 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $35.73 | 5593 | 1 |
View Market Depth
| Last trade - 16.10pm 29/08/2024 (20 minute delay) ? |
| WOW (ASX) Chart |