Hi ck, I think ur cal. is wrong. shud b as according to sifu sam, Premium : { (3.00+0.585) - 2.74 }/2.74 X 100 = 30.8 %It is not in the money.
Will you follow this TAIKO fund and buy? If I would buy, I will buy WCT -WB,
Current Price: 0.585
Conversion: 3.00
Mother: 2.74
Expiry: April 2013
Premium: ((2.74+0.585) - 3)/2.74 = 12 % ( Not Bad Hor)
