"Doomsday Wheel" the National electricity warrants yesterday plunged 25%

State Electric Power Subscription warrants-CWB1 only the last 1 days of today's trading day, but after the explosion yesterday, the price is still higher than the stock-state-power price of 3 cents.　　State electric Power issued a third announcement last night.　　However, because the state-run electric power stock price relative to the rights of the right to the price has been affixed to the water, the eventual success of the power is still a big question mark. Today for the 3.7 yuan right price is the last trading day of the state power CWB1, since the beginning of Monday, the state power CWB1 will enter the right period. The right of tenure period from May 17 to May 21, a total of 5 trading days.　　The latest row power price is 3.70 yuan, the row right proportion is 1:2.02.　　Yesterday, the state power CWB1 again plunged 25.31%, only to 0.301 yuan, the whole day change hand rate of 1346.47%. Guo Dian CWB1 is the state-electric power in the issue of separable bonds with the delivery of warrants, the total share of 427.47 million.　　If the state power CWB1 can smooth the right, means that the state electric power will have about 3.195 billion yuan in cash receipts in the bag. But as of yesterday's close, China Electric Power's share price is lower than the line of 3 cents, closed at 3.67 yuan.　　That is to say, if the state electric power cannot be closed to 3.7 yuan today, the likelihood of its being granted a lot of authority will be greatly reduced. Institutional singing The view of the multinational electric power analyst is that 3.2 billion dollars in cash will not be a temptation for the country's electric power. In announcing the distribution programme for 2009, the country's power generation has generously launched a high transfer programme of $0.78 per 10 shares to 3 units. And at the same time issued the acquisition of Sichuan Leather, the 45% stake in the hydropower company, and the subsidiary unit 4th production of the good announcement.　　And, looking at the Securities brokerage research report since April, almost to the state electric power is "singing more": the asset reorganization after the reasonable price should be around 5 yuan.　　And the share price of the state-electric power is also live up to expectations, during which time touched a high of 8.45 yuan.　　But the problem is that even today, the state electric power stocks close relative to the right price has a small amount of water, in the market system risk has not been lifted, whether can arouse the desire of the right of investors to do? And this year, almost no warrants have been successfully done. In January this year, Shanghai Auto made every effort to try to turn the tide, but in the end it ended in failure.　　He also pointed out that under the current "falling" market, even if the state-electric power price can exceed the price of the line, a small premium can not arouse the enthusiasm of investors to do the right. Since today, a-share warrants market will be only 3 varieties.