In January, we had reviewed the oil and gas company warrants listed on Bursa Malaysia. These warrants had a spectacular run in late January and February with some rising more than 100% (Hexagon-WA and Frontkn-WA from date of review). Nevertheless, these warrants then suffered a major correction towards the end of February due to the Middle East/Africa political crisis and then followed by the Japan Earthquake and nuclear disaster. With the dust settling down now, will these oil and gas warrants lead the market again and record substantial gain from now?
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