Post by
Yunggun on Nov 29, 2019 2:13pm
Consolidation ratio for .WT
Can anyone confirm what the ratio is to exercise the warrants at said price. Aver price of .0575 Assuming I'm in the money at $1.36-$1.40 range. Thanks in advance!
Comment by
Pumper4Life on Nov 29, 2019 2:23pm
Not sure what you mean by consolidation ratio.. but if i were you id sell .wt at .08 and buy wt.a for .13 if you can.. youll be in the money at 0.53 instead of hoping it gets to 1.36 If tbp shares trade at 1.36, those wt.a warrants will be worth .96 minimum + the time value premium left until 2022 you can thank me later
Comment by
Yunggun on Nov 29, 2019 2:32pm
Is it a 1 warrant for 1 common share at the strike price is what I mean, Or 2 warrants for 1 share. I see your point on WT.A but I like the leverage on .WT abit more. I get the time frame is shorter on .WT but I am super bullish on this at the moment. In my honest opinion, we could see the SP trade above $1.30 by May 2020.
Comment by
Pumper4Life on Nov 29, 2019 2:56pm
Gotcha! :) Yes.1 full warrant.. so 1 warrant for 1 share for both wt and wt.a