HCL shares traded in a stable range between 1.12-1.45 $L during the last four weeks and saw an upper peak at 2.63 $L. Lucky investors who bought LHH at IPO prices as the calculated pay back price rose up to 3.67 $L/share which is an increase of 367%.
The concentration process continued at WSE and volumes increased significantly. We wonder when WSE will lift their secret about WSE 4.0 but almost sure that this event will leverage the stock exchange market to new levels. HCL shares will profit from this development in the mid- and long term.
Statistics for HCL shares (period before):
Average share price in last 30 days: 1.18 (0.56) $L/share
Minimal share price : 0.48 (0.22) $L/share
Maximal share price : 2.63 (0.88) $L/share
Max. daily volume : 353’321 (600’000) shares
Min. daily volume : 8’150 (12’000) shares
Statistics for LHH shares:
Actual share price (24h): 3.41 (0.84) $L
Minimal pay back price: 3.674 (0.78) $L
Greetz
Casper Trebuchet
LEM, CEO
House of derivatives (LFB, LWI, LHH and LEM Knock-In WSEIndex/LEM IPO Booster as not approved IPO)
Analyst, WSE
http://lemurinvest.blogspot.com
============ reminder ==============
LHH is a derivative with call character on HCL shares. It freezes the highest share price of HCL once a predefined barrier is reached. See details in our prospectus WSE or our blog to learn more about it.
Spot date : 15SPE07 : 0.68 (1.70) $L
End date : 15MAR08
HCL at spot (15SEP07) : 0.68 $L
Barrier for HCL : 1.70 $L (passed on 26th October 2007)
LHH IPO issue price : 1 $L
HCL = 2.63 $L (status at 14th November 07)
pay back = HCL/ HCL spot * LHH IPO
minus management fee of 5%.
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