Share Instalments

[bothac_1]

Does share instalment have a time decay? I'm quite sure they're not supposed to and yet I'm sure SHFSTA price warrant has decreased, i.e when SHF was at R20.50, I bought SHFSTA for R3.45, now to sell these at R3.45, SHF got to be at R20.61. How does that work?

[JohnnyCash]

accrued INterest for the warrant period on the borrowed portion (You put 1/2 down adn the bank the other 1/2 but you pay interest on the banks 1/2). As each day passes price reduce. Its linear, so no decay caused by deltas & volatilities like normal warrants.

[bothac_1]

Ok, but sell price at R20.50 = R3.45 at 7 Nov. Sell price today at R20.50 = R3.35. That a loss (or interest) of just under 3% for a week?