KOMARK-WB : Arbitrage Opportunity

Written by Editor

The share price of Komarkcorp Berhad staged an impressive rally in the last couple of months, rising from 16.5 sen on 1st March 2019 to as high as 39 sen on 3rd May before settling at 29.5 sen at the close on 14th May.  The company warrant KOMARK-WB also rose from 2.5 sen on 1st March to as high as 9 sen on 3rd May.  However, KOMARK-WB has experienced steeper decline than mother share lately perhaps due to its relatively short tenure.  KOMARK-WB closed at 5 sen on 14th May for a conversion discount of 5.1%.

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