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
The warrants such as WOWKZF are not barrier warrants.They can be...
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Last
$34.67 |
Change
0.050(0.14%) |
Mkt cap ! $42.23B | |||
| Open | High | Low | Value | Volume |
| $34.44 | $34.77 | $34.36 | $13.30M | 384.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 1961 | $34.66 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $34.68 | 1269 | 23 |
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| Last trade - 12.45pm 25/07/2024 (20 minute delay) ? |
| WOW (ASX) Chart |