Replies to post #38646 on China Growth Stocks

[researcher59]

CNAM warrants, assuming no early call feature (I don't think there is one) and using a conservative volatility of 50%, pps 6.20, strike 7.5, 1800 days till expiration - they are worth $2.49 each as per this options valuation calculator -

http://www.tradingtoday.com/black-scholes?callorput=c&strike=7.5&stock=6.2&time=1800&volatility=50&interest=2.5