GREY:RGVNF - Post by User
Comment by
HOBACon Sep 12, 2007 2:12pm
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Post# 13381672
Clarification on warrants
Clarification on warrants
It is as simple as ABC, warrants are always granted at a discount in order to entice the holder to exercise them. In our case as usual they will be about 0.05 below the SP, unlike some say 25% (although I hope that is correct). In reality SP is guaranteed to be a minimum of 0.35 within the next year. My hope is that they will be exercised within the next month, but will it happen? I believe we will know next week as Mr. PUMPER would say. Did I say next week? Ha, may be I should get some money for pumping? No, it is time for decisions, something has to happen positive or negative.
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