OSK And CIMB Issuer Out Total Of 4 Maxis Call Warrant
OSK and CIMB just issuer out total of 4 call warrants for Maxis. Maxis-CD is the longest expire date and also lowest exercise price at RM 4.80. Warrant issuer will make money when come to the expire date the warrant is out of money so all the money they get in warrant will be use to pull down the underlying share so I think due to this 4 warrants issued out, Maxis share is hard to go high in median term.
However in short term ( In this December ) the warrant may turn into a vary profitable tool due to the issuer need to sale their warrants so sure the price look profitable. Warrant is short term investment so due keep warrant for long, buy in fast when get profit sale it.
Normally new warrant will go high in few days before drop too vary low to bounds back so I think now still not the time yet to jump into Maxis warrants due to high premium.
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