EUROTUNNEL 03WT WTS 2003 TO SUB FOR UTS(REG) ETLA

UP BY 4700%

Does anybody know, what is the diiference between this & ETL?

Thanks.

Eurotunnel warrants are weird - it's 3 warrants to a share, plus the conversion premium requires a payment in both Sterling and Francs (presumably Euros,now)

Why they should be up 4700%, I have no idea

Looking at the intraday chart, it's actually quite usual(!) with these - the bid doesn't move, but the offer goes up a hundred-fold - not sure if this is to discourage buying, or just some idiot getting the point in the wrong place!

Thanks

Any other comments welcome.