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[SINGTEL-C1] singtel-C1

This structured warrant is seriously overpriced. Closing today is 61 sen. this one has strike price SGD3.49 ratio 2:1. a similar warrant on SGX, MBLEPW071119 with strike of SGD3.50 and 2:1 ration closed at 22 cents or 50.6 sens. I believe in time the C1 will closely track the price of the SGX warrant as both are issued at almost the same time and expire like wise.
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