Cenovus Energy Inc T.CVE

Warrants

[Quintessential1]

As much as my CVE shares have increased my CVE warrants value continues to outpace the share price value by over double.

Just wondering if there will be an inflection point when the increase in share price value will start to outpace the increase in warrant value?

As it stands it looks like selling the warrants will recoup more than exercising them as dividends  increase and special dividends are issued how will this affect the value of holding the warrants?

Will the gap between the price of the warrants and shares increase as dividends are increased?

I am not looking to sell my warrants right now as the increase in price is more than the shares plus the divies.  Just wondering how that might change moving forward.

GLTA Longs

[SQCConsulting]

Exercising is tantatmount to selling from thae standpoint that they will no longer appear in your holdings. Exercising them means they are gone just like selling them. Was able to purchase a whack of commons at 6.56 when the stock was in low 20's with the warrants a few bucks behind.. Tipping point for me was that having exercised them I am collecting much more income from dividends as

[autofocus111]

SQC "So while the proportionate value is tipping towards the warrants they do not collect income" I still hold the warrants and will wait until there's an announced large hike in the regular dividend or a large special dividend. As long as the allocation remains weighted towards buybacks NCIB (or even a SIB) stock price appreciation will be the proift maker. I don't have all

[autofocus111]

That said, alot of the leverage is gone now with the warrants so deep in the money. What commission do brokers charge to exercise these? Is it the same as for options?

[SQCConsulting]

Interestingly enough it is not possible to exercise warrants if you manage your own investments (ITrade etc.,) so the transaction fee is waived. You need to call in to get it done and becasue this is through no fault of your own, the fee is waived.