Exercise price: RM0.60As Hohup is now trading at only RM0.515, Hohup-wa is out-the-money. The entire amount of the warrant price of RM0.125 is conversion premium, and this will slowly decay over the next 169 days. Be careful if you choose to get into Hohup-wa.
Expiry date: December 21, 2018 (169 days)
Conversion ratio: 1-to-1
Chart 1: Hohup-wa's daily chart as at July 5, 2018_4.40pm (Source: Shareinvestor.com)
Chart 2: Hohup's daily chart as at July 5, 2018_4.40pm (Source: Shareinvestor.com)
Note: I spoke about this in a BURSA MALAYSIA webinar entitled Warrant 101 on July 3. The first trap to avoid in trading warrant is a warrant exactly like Hohup-wa.