PINL:GRPOF - Post by User
Comment by
Yunggunon Dec 12, 2019 3:48pm
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Post# 30449331
RE:.095 warrants
RE:.095 warrants I would like to point out that there were 7 months more on the timeline for those warrants at that time. Warrants are currently at a 17% ratio to the current SP, where in June 2019 it was a 33% ratio. Time matters for warrants!!! I would assume these warrants will start to wake up as we break $1-$2 range. If your looking to make a few $$ in the short term. WT is the play. If your long, but WT.A as it will provide a higher return in the long run. Now if my math is correct. WT has a strike price of $1.30, WT.A strike price of $0.40. This means when the SP is at $1.30, WT.A will be trading $0.90 MIN as they still have lots of time left on them. Remember time matters and can add value or decrease value.... Meanwhile WT at the current ratio will trading between $0.20-$0.30 which is roughly 17% of the strike price. Easy double money but not private jet money. Buying both is a good idea as well. Gives you exposure to cheap common shares down the road with WT.A while giving you the ability to profit take with WT. Hopefully you can decipher what I am trying to make out. GLTA.