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ABSA Warrants, where's the market maker?

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TOPABS. It is now 09:40 and still ABSA is out of the market on this warrant. Bought some at 11c and would like to take my profit this morning (should be around the 14/15c mark) but alas, ABSA is nowhere to be seen in the market...
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3 REPLIES 3
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And just as I posted ABSA enters with a spread of 13/14c. It's just outrageous that they can take this long to make a market after the open... 40 min!
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kwagga
Super Contributor
That's way warrants are shaite. Market makers do as they please and not told.
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was in topabs,,,well for that matter topabt, abr, etc,etc. DONOT DEAL WITH THESE GUYS...ABSOLUTE RIPOFF. Remember money is made on the spreads and these @ankers only make a market when it's in their favour...Hence u end up crossing spreads at the worst times. Basically if you not buying contracts and dealig in warrants....stick with SB...by far the fairest players on the market....lesson to all you newbies!
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