- This topic has 3 replies, 2 voices, and was last updated 7 years ago by .
- You must be logged in to reply to this topic.
Congratulations to Jamil from Pakistan and Jeeva from Malaysia - Global Prize winners!
see all ACCA December 2022 Genius Hunt Competition winners >>
Specially for OpenTuition students: 20% off BPP Books for ACCA & CIMA exams – Get your BPP Discount Code >>
can u please explain for me what warrants mean, i have a clue that its like a covertible loan which can be converted to shares but i dont know what it really means.
A warrant is a bit like a ‘gift voucher’. It entitles you to buy shares at a fixed price on a future date. If the share price is higher than the fixed price on that date then you will buy them (and make a profit). If the price is lower you will throw the warrant away 🙂
The difference from convertibles is that you still have your bonds (with convertibles, you get the shares as repayment of the bonds).
u are the best
That is very kind of you 🙂