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📣 Top mover alert: Seatrium call warrant up 13.3% as shares jump 3.4%

📣 Top mover alert: Seatrium call warrant up 13.3% as shares jump 3.4%
➡️ Macquarie's Seatrium call warrant Seatrium MB eCW241227 (LJGW) is amongst some of the top gaining call warrants this morning as of 953AM after moving 13.3% higher from SGD 0.015 to SGD 0.017 when Seatrium shares rallied as much as 3.4% to SGD 1.51 as of 953AM
➡️ In a SGX announcement posted this morning before market open, Seatrium said that they secured a series of repairs and upgrades contracts with an aggregate value of S$180 million.
➡️ These projects include a series of four offshore refits from Velesto Energy Berhad, Zonda Drilling AS and Seadrill Ltd, as well as the lifetime upgrade of Sea Challenger, a jack-up installation vessel from Japan Offshore Marine Company
➡️ Even with today's move, Seatrium shares continue to trade at record low levels
➡️ Macquarie had previously written about Seatrium shares on 5th July 2024 in an article titled "Seatrium – latest award highlights company’s strategy" (https://warrants.com.sg/marketnews/highlight/todayhighlight/7463)
📈 Investors who see Seatrium shares moving yet higher in the short-term and are keen to gain leveraged exposure may wish to do so via a Seatrium call warrant.
🔎See how the warrant moves LIVE alongside Seatrium shares here:
https://warrants.com.sg/tools/livematrix/LJGW
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    The official account of Macquarie Warrants Singapore
    Macquarie Warrants Singapore is an issuer and market-maker in Macquarie warrants listed on the SGX.
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