Blockbuster Warrant - Journey to the Center of the EarthH$70
| Symbol: | BWJCE |
| Status: | Inactive |
| Delist Date: | Sep 2, 2008 |
Description
MovieStock®: Journey to the Center of the Earth Blockbuster Warrants Blockbuster Warrants are Hollywood Derivatives which allow traders the opportunity to invest in the long-term financial success of the biggest studio films for the 2008 summer season. Blockbuster Warrants are similar to Call Options. The strike price for the Second Round is the estimated total domestic box-office take through Labor Day Weekend 2008. If this particular film makes the strike price by September 1, 2008, the warrant will cash out at the difference between the actual box office and the strike price. If the film does not hit the strike price, then the warrant will cash out at zero. Example: The Iron Man Blockbuster Warrant has a H$200 strike price. If Iron Man makes $220 million domestically, then the Iron Man Blockbuster Warrant will cash out at H$20 per share. (Box Office - Strike Price [$220-$200]). If Iron Man makes less than $200 million, then the warrant will cash out at H$0. Round Two of the Blockbuster Warrants will cash out on September 2, 2008.
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Blockbuster Warrant - Journey to (BWJCE)
H$95.19 September 2, 2008
Delist DateDelist Price
Price History Chart Unavailable.
High and Low Trading Prices
| This Week | H$18.78 | H$16.44 |
| This Month | H$18.78 | H$6.04 |
| This Season | H$18.78 | H$0.19 |
| This Year | H$18.78 | H$0.19 |
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What is a: Derivative, Status, Change Today
Think you can manage?
Think you have what it takes to manage a Movie Fund? If you have a portfolio worth over H$100 million, then submit your fund idea proposal to macdaddy@hsx.com.