GREY:LSTMF - Post by User
Comment by
darkstreamon Jul 30, 2016 8:49am
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Post# 25098032
RE:Questions on new warrants
RE:Questions on new warrants10000 shares gets you 113 new shares plus 340 series 2 warrants -the warrants have little or no value unless share price gets over $15 -the warrants may trade on the TSX or Venture Exchange or over the counter pink sheets -the new common shares need to trade over $9 just to start even off the current price -the warrants may trade for pennies on speculation -say the companies assets are valued at 1.5 Billion the Book Value would be $15 - the new shares would have to trade for $250 for the long time investors to break even LOL