Glomac warrants will be listed on 30-Oct-07 and expired on 24-Oct12. The conversion price is RM 1.10. With current mother share price of RM1.40. The warrant should worth RM0.30. Investor can accumulate the warant price below RM0.40. Given current bright outllokok of the property market, if Glomac share go up to RM2.00 then the warrant will worth for RM0.90.
