Emblem Corp EMMBF

EMC Warrants - Intrinsic Value Calculations - Y/N to Merge

[flyingdj]

https://canadianwarrants.com/values/current.htm It is saying EMC.WT is worth 33 cents fair value at $1.46 share price on Friday. This is priced as 29 cents out of the money at $1.75 and 11 months expiry. The Current Price is $1.58 and grinding higher, the warrants should be 40-45 cents even at current range. If you believe EMC merger will close, EMC will be $1.92 as of today's close, 17 cents in the money AND 11 months of time expiry, easily putting fair value over 60 cents. Also considering the massive bull runs ALEF/EMC can have, these WTs are at a significant discount at 28 cents. Tldr; worth 40-45 cents if merger vote no, if merger vote yes, likely 60 cents+, this is the correct and most profitable way to play the merger at the moment.