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Convert the warrant now only if you confirm the mother share can sustain that price level for long term. Honestly too much hassle for a small margin so just focus on the mother stock volatility instead.
for me i don’t think i’ll go convert, i’ll wait mother share rise back to 0.900 time then sell the warrant, cause warrant usually will rise when mother share rises
Smart move since converting warrants now just locks in unnecessary capital when you can ride the mother share momentum instead. Just make sure the volume is there to exit your position before the expiry date hits and leaves you holding nothing.
If that mother share finally touches 0.900, your warrant should have no problem climbing back to that 0.140 mark. Just keep a close eye on the volume flow because things can get pretty volatile when the price starts pushing that high.
CGB's steady contract wins and focus on specialized construction provide solid fundamental backing for long-term growth. As long as their margins remain stable, that 0.900 target is realistic and should give your warrants the leverage needed to hit your exit price.