DRB - CE mispricing

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DRB CE will be last trading tomorrow.

Based on mother closing this afternoon,


CE should worth (2.24 - 1.95)/2 = 0.145


But CE currently trade at 0.12.


Why they all so eager to sell at 0.12????

Or maybe the operator (OSK) know something that we don't know.

The ratio is merely 2 only, CE is deemed highly sensitive to mother share price.