You should make sure you understand the specific terms of any warrant before investing. Warrant issuers are required to produce a disclosure document containing the terms for a warrant series. A disclosure document sets out information for investors to assess the risks, rights and obligations associated with the warrant and the warrant issuer’s capacity to fulfil its obligations. The disclosure document will also include information on how to exercise your warrant on or before the expiry date.
In addition to the terms, the issuer may have other obligations, for example, under the ASX Operating Rules. It’s important to read the relevant disclosure document and terms of issue before investing in a particular warrant series.