GREY:MMNFQ - Post by User
Comment by
betterbrewon Oct 15, 2018 6:06pm
![](https://assets.stockhouse.com/kentico-cms/0342-00/images/Sprite.svg#id_Post_Views_Icon)
164 Views
Post# 28805732
RE:RE:RE:How does warrant work?
RE:RE:RE:How does warrant work?yes Strike Price so you can buy the warrent for 2.75 or the stock for 8.14(closing prices no guarantee tomorrow)
if the stock goes to 12.14 you make 3.00 per
if that happens and you bought the warrent you can exersise your warrant and buy the stock for 6.75 you have a cost of 2.75 +6.75 or 9.50 total . sell your stock for 12.14 and you have a profit of 2.64 minus commisions
however if the stock goes to 24.00 then you have a profit of 14.50 per share or if you purchaed the stock then 15.86 per share
time does run out on the warrent so the longer the time remaining the better for you
and if the strike price drops below 6.75 you loose the original 2.75 because no one will buy it
let us know what you did please.. jusr curious that is all