Chance of they being in the money is much brighter then they going worthless ...imho
They are currently in the money with SP of 70 Cents and expected exercise of 63 Cents ...One year shud eventually see Inflation fight almost over if not fully over ....I reckon rates wud be on its way down and that sentiment shud get fully discounted by mid next year ...an assumption which have good chance of being fact
PPLs slowly catching on to the prospects of BRM warrants, reasonable long dated ready for the bottom interest rate cycle - see the U S 10 yr rate which has peaked imo will flow on to the N Z 10 yr shortly.
PPLs slowly catching on to the prospects of BRM warrants, reasonable long dated ready for the bottom interest rate cycle - see the U S 10 yr rate which has peaked imo will flow on to the N Z 10 yr shortly.
You just taking a punt on these warrants with no intention of exercising next year?
Interested
Its the most leveraged play on Aussy market with huge chance of success by next Oct 2024 ...by then even our Bull wud have actually become bullish hopefully
PS : Something like 10X or more long ..Call option of almost a year time value !!!
Bookmarks