Yongnam is a very interesting stock to watch because the share is trading only less than 10% less than exercise price of 25 cents per share per warrant.
The warrant is trading at about half to one cent. If syndicates holding the warrants push up the share price by 20% to about 27-28 cts, the warrants will be in the money by 2 to 3 cents, meaning the warrants would be worth AT LEAST 2 to 3 cents or 2 to 6 times MORE THAN its current price of half to one cent.
I'm betting Yongnam's trading volume will suddenly shoot up over the next few months. This will happen if those holding their near-the-money warrants decide to push up the mother share to prevent the warrants from expiring worthless.