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I have 810 warrants given free from Olam bond rights... should I sell since some think that it is only worth 7 cents....
Olam's mother share is now about SGD1.66 and the warrant is about USD0.30...
Since odd lot, I saw that the unit share is now selling at USD0.31 and buying at USD0.295... very tempted to sell since the conversion will be three years later...
The warrants are free, so I think no harm selling...
I will buy if fall below 5cents...orelse betteravoid
Olam wrt listed today but I think they set some rules that the wrt conversion can only take place three years later...that meant u buy the wrt and u need to keep three years and pay us$1.28 to exchange one.mother share..actually I don't know what will happen.to olam three years later with muddy water around...invest only at low price ..current worth around 7 cents without premium..take care