China Southern Airlines warrant rose 161.63% in one week
http://www.sina.com.cn 09:45, June 2, 2008 Daily News
New News [Reporter Wang Wei] China Southern JTP1 In the five trading days last week, the price doubled.
China Southern Airlines JTP1 opened at 0.341 yuan last Monday and closed at 0.866 yuan as of Friday, up 161.63% in five trading days.
China Southern Airlines JTP1 has recently continued to issue announcements to remind investors that it is about to expire. The announcement shows that the last trading day of the put warrant is June 13, and trading will be stopped from June 16. The expiration date of China Southern JTP1 put warrant is June 20.
As for the trend of China Southern Airlines JTP1, analysts said that the warrant is currently facing great investment risks, and ordinary investors are advised not to participate as much as possible. As the warrant will expire on June 20 Southern airlines If the share price does not fall below 7.43 yuan before June 20, its value will return to zero. As of last Friday, the share price of China Southern Airlines was 10.68 yuan, nearly 2/3 lower than the previous peak of 30.5 yuan, and the possibility of another 30% drop in a month is almost zero.
In addition, after the expiration of China Southern Airlines JTP1, if it is out of price, it will be automatically cancelled, and if it is in price, it will be automatically exercised.
