NBEXXCA

[BABYBOY]

please can any one help me with this warrant, which way is it going to go??????????????????????????????????

[CE]

Banks do not controlle the price below 10c if I remember correctly. Packman is at weekly 23,5% !!!! Mirracle bro, mirracle. Look at the matrix and decide.

[john_1]

BadBoy you have been a bad bad boy. this thing is lossing nearly 5% a day to time decay it is headed only one way and that is oblivion. Exx has great prospects but get your ass into a decent warrent or simply get out.

[CE]

J-man, am I correct with the 10c issue ? If so, he should check what the underlying must be for the warrant to get there. Agree with the rest you said.

[BABYBOY]

thanks CE but please tell me what is matrix

[CE]

It is the underlying share price (in this case EXX) vs the warrant price. Go to http://www.warrants.co.za/servlets/za.co.scmb.www.proxy.WarrantsWWW/default.asp and download the Standard Bank warrant matrix and you will see exactly what it is.

[BABYBOY]

thanks CE FOR YOUR HELP:-)

[CE]

Pleasure, you need some serious education on this issue. Did you look at the warrant cource on this site under "Help and education" Suggest you start there.

[john_1]

I think that is a rule of thumb not cast in stone. BadBoy Please go to the course and do the online course on warrents. If you dont know what a price matrix is please dont trade until you do. feel free to ask questions any time. Also a basic rule of thumb is quality cost money the same applies in the warrent market.