GREY:RNKLF - Post by User
Post by
nanaimo16on Sep 26, 2018 11:44pm
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Post# 28698365
RNX Warrant Profit potential ( Old School)
RNX Warrant Profit potential ( Old School)
$0.21c x 3.8 = $0.798c x 40,000,000 = $31,920,000.00 - $8,000,000.00 (cost)
= $23,920,000.00 Profit before tax . ( Made over a 4 month hold period ) Alot of coin ... if new buyers can be convinced at $0.798c a share.
the 3.8 in this scenerio is an Old School method of calculating what an investor is looking for with a high risk situation.
Now the warrants shares become free trading in a matter of days now.
News will have to come up around that time... but not too soon because it cant afford to get stale.
That said I am long on RNX and playing around with a trade here and there IF its a given for a few cents.