SEMB Warrant exercise prices (Company valuation)
SEMB.W0016 = Rs0.80
SEMB.W0015 = Rs1.00
SEMB.W0016 vs SEMB.W0015
0.80 vs 1.00
SEMB (NV) vs SEMB.N (with same ratio) at the end of 2011
4 vs 5
Current performance
SEMB.N = Rs2.00
SEMB.X = Rs0.90
SEMB.X should traded now at = Rs2.00/5*4 = Rs1.60
Possible minimum price gain from SEMB non voting= (2.00-0.90)/0.90 = 80%
SEMB.X0000 - Rs 0.90
SEMB.W0016 - Rs0.50
GAP -Rs0.40
Shares (no big difference)
SEMB.X0000 - 560,000,000
SEMB.W0016 - 460,000,000
This is just a mathematical relationship. You can do a research on fundamental