SVM.WTHi there,
Just got off the phone with SVM ir asking about the terms of SVM.WT. They said 8.00 strike, expiry oct, 26, 2008, and that one warrant yields 3 shares. Is this correct? Any dispute? Not that there should be, but this is information has seemed more difficult to obtain than it ought to have been.
Any thoughts on the probability that these warrants will have value at expiry? Seems a bit of a long shot, but the SP has been so violently down that, unless I'm missing something important (as I may well be as I'm fairly new to SVM) an equally violent move up is also possible if market conditions are amenable.
Thanks for your reply.