What`s going on with ANZWGD

  1. 258 Posts.
    ANZWGD is 4:1 @ 18

    ANZ is trading @ 19.44

    Intrinsic Value is 36

    Time Value should be about 7

    Therefore ANZWGD should be worth 43

    It is trading @ 29.5

    Where am i wrong?
 
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