EXPM:KWWMF - Post by User
Comment by
cpacon Apr 04, 2019 8:51am
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Post# 29580841
RE:Warrants
RE:WarrantsWarrants don't expire for 3 years; exercise price on the warrants is $11.50; estimated fair value for the warrants is currently $1.66 according to Canadian Warrants, which I believe calc's according to the Black-Schoeles method... If KEW reaches TD's $13 target within 12 months, my guess is that the warrants are worth $3-$4 at that point because they'd still have two full years of time value... not a bad return from yesterday's 68 cents...