Posted by: thedivot Date: Thursday, December 31, 2009 5:49:53 PM
In reply to: None Post # of 21221
Warrant Info
To help the board's research, I've put together a recap of details on some of the Chinese warrants that have been mentioned on this board. Prices are today's close. CFQWF seems to have the only decent current discount to the common.
CCME/CCME-WT
Stock price: $10.60
Warrant price: $5.00
Exercise price: $5.50
Total cost of conversion: $10.50
Premium or (gap) to common: $(0.10)
Expiry date: Oct 17/2011
Redemption price: $11.50
CACA/CACAW (blank check company supposed to invest in China but is buying Florida mortgage processing co.)
Stock price: $8.95
Warrant price: $3.95
Exercise price: $5.00
Total cost of conversion: $8.95
Premium or (gap) to common: $0.00
Expiry date: Aug 11/2012
Redemption price: $10.00
CFQCF/CFQWF
Stock price: $7.80
Warrant price: $1.15
Exercise price: $5.00
Total cost of conversion: $6.15
Premium or (gap) to common: $(1.65)
Expiry date: May 15/2012
Redemption price: $10.00
CHOP/CHOPW
Stock price: $5.60
Warrant price: $1.23
Exercise price: $5.00
Total cost of conversion: $6.23
Premium or (gap) to common: $0.73
Expiry date: Mar 19/2011
Redemption price: $8.50
CHSQ/CHSQW
Stock price: $8.30
Warrant price: $1.25
Exercise price: $7.50
Total cost of conversion: $8.75
Premium or (gap) to common: $0.45
Expiry date: Nov 16/2012
Redemption price: $13.50
CO/CNDWF
Stock price: $6.50
Warrant price: $1.75
Exercise price: $5.00
Total cost of conversion: $6.75
Premium or (gap) to common: $0.25
Expiry date: Dec 13/2010
Redemption price: $8.50
EDS/EDSWW
Stock price: $8.50
Warrant price: $3.05
Exercise price: $5.25
Total cost of conversion: $8.30
Premium or (gap) to common: $(0.20)
Expiry date: Nov 8/2011
Redemption price: $11.50
IDI/IDI-WT
Stock price: $7.31
Warrant price: $2.25
Exercise price: $6.00
Total cost of conversion: $8.25
Premium or (gap) to common: $0.94
Expiry date: Nov 19/2011
Redemption price: $11.50
TXIC/TXICW
Stock price: $9.00
Warrant price: $4.05
Exercise price: $5.00
Total cost of conversion: $9.05
Premium or (gap) to common: $0.05
Expiry date: Apr 10/2011
Redemption price: $10.00