HCEW - New Site.29 Jan 2007 11:43
Life Style Extra have most kindly agreed to create this page for the Healthcare Enterprise Group warrants. As best as I can understand it these warrants are good until June 2008 at which time warrant holders have the last chance to decide as to whether or not they wish to convert the warrants to ordinary shares by paying 6p a warrant to the company. At the time of writing this, the underlying ordinary share price is 6.5 - 6.75p offered. The warrants are 2 - 2.5p. The attraction of the warrants, despite the fact that they are trading at a premium, is that if you believe that the ordinary shares will keep moving up then to buy the warrants as opposed to the ordinary shares means that you will get more bang for your buck!