OTCPK:EMMBF - Post by User
Comment by
Seraphim1on Feb 17, 2017 5:14pm
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Post# 25863691
RE:EMC.WT - 12% discount
RE:EMC.WT - 12% discountcatfacesupreme wrote:
A few months back there was a Stockhouse member noting that the warrants were a significant discount compared to the share price...should have listened as it was at 1.08! Even today at a close of $1.74 + the $1.75 excercise price you're saving $0.49/share or 12.3% of EMC (close $3.98)
2.28 X leverage and a Dec 2019 expiry date.
What a deal!
GLTA
Yah but don't forget if you buy those warrants they are locked in till Dec 2017. Thus the discount.