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china dairy warrant0801

Hi newmoon, can explain to me how warrants work? I'm a noob... now I only play with normal stocks. never touch warrants before. People always tell me that warrants are dangerous.

 

This warrant can be converted to the mother share at a price of 40.8 cents and is good till 4-1-2008 The mother share is now 53.5 cents. The company is partly owned by F&N which has recently converted its share of warrants. Good potential for multiplying your wealth.