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Tuesday, July 07, 2009

New OSK Covered Warrant

New covered warrant from OSK that will be listed on 8 Jul 2009:
  1. GLD-C1 (motherstock GLD): 7 Apr 2010/USD88.50/400 to 1
  2. USO-C1 (motherstock USO): 7 Apr 2010/USD36.70/200 to 1
  3. CNOOC-C5 (motherstock 0883.HK): 7 Apr 2010/HKD9.23/8 to 1
  4. PBBANK-CK (motherstock PBBANK): 7 Apr 2010/MYR8.80/8 to 1
The lifetime of the CW is less than the previous issue. So, OSK thinks that the CW will expire out of the money on Apr 2010. That means that they think that gold and crude oil will stay depressed. Interesting.

Finally, oh Bursa Malaysia, why is your website so slow? I really feel like "cekik" you!

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