OTCQX:SREMF - Post by User
Comment by
marcroberton Nov 24, 2010 10:46am
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Post# 17750484
RE: RE: RE: RE: RE: Warrants the best deal now!!!
RE: RE: RE: RE: RE: Warrants the best deal now!!!I think he means is warrants are performing better than stock right now. This was not the case when i bought mine at .22, the stock was ahead of the warrants.
Or it could mean, if you can pick up warrants at .3 and you think stock can go to multi dollar, you're saving .about 80 per share so either postponing the purchase cost to exercise time, or allowing you sell the warrants with no need to exercise.
Either way, you can buy 2-3 warrants for the price of a share. Like call options, its a cheaper way to buy more units, although if it was options, you probably wouldn't pay close to 50% of the cost of the equity for 10 month call options when they are slightly in the money.
Here's another question for the Pros.
- How far ahead will warrants start to trade down before expiry and to what extent in the Canadian market (assuming stock has gone up considerably?