Each warrant is a contract between the warrant issuer and you, and there is always the risk that the issuer (or its guarantor, where relevant) will not perform its obligations under the warrant, causing losses. Neither ASX nor its subsidiaries in any way guarantee the performance of the warrant issuer or the warrants issued. Therefore, you must make your own assessment of the risks associated with dealing with the warrant issuer.
In certain circ*mstances of broker misconduct, you may be able receive compensation from the National Guarantee Fund if you have bought or sold warrants on ASX. However, you have no recourse to the Fund if you have bought warrants directly from the issuer.
