OTCPK:EMMBF - Post by User
Comment by
10bagson Apr 13, 2017 8:45am
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Post# 26116728
RE:RE:Warrents
RE:RE:Warrents
Theoretically, if the stock hits $3.25/sh, the warrants should be trading at $1.50. So how long will it take EMC to hit $3.25? Usually warrants would trade at a premium to their intrinsic value, but for EMC they trade at a discount, which I don't mind, when you consider the future poential here: At Canacord's target of $3.75 the warrants would have an intrinsic value of $2.00. If you think EMC will be trading at $5.00 before 2019, that means the warrants would be worth $3.25.....more or less, depending on the time value (premium or discount).