Technics Oil & Gas

hh488: You are spot on -- there is an arbitrage op here. Just got more attractive at 25 cents only.

However... the warrants can only be converted to the mother share at the end of 3 years. And we don't know what the mother price would be then. Any arbitrage op may vanish if the stock price goes down.

Anytime the stock recovers strongly and heads towards its previous high of $1+, then this warrant will be a super % gainer.

Hi BNN

Oh is it? Usually wrts are converted anytime during the life span. So unusual for this wrt!

Pg 2 of infopub.sgx.com/FileOpen/Technics_Warran...cement&FileID=257934


The Warrants may only be exercised on the market day on which the SGX-ST is open for trading in securities immediately preceding the third (3rd) anniversary of the date of issue of the Warrants (the “Exercise Date”), subject to the terms and conditions of the Warrants
as set out in the Deed Poll

MOther share doing nice at 77 cents but the warrant still still at 25 cents. Exercise price 25 cents = 50 cents.

from 25 cnts (in my last post) to 38 cents today!

Up up all the way just like a superman.