RE:RE:WarrantsYour paying .18 per warrant and you require 9.5 of them to buy 1 share at $ 9.025
So 9.5 X .18 = $ 1.71 + $ 9.025 = $ 10.74
So you'll need the stock to go to $ 10.74 to break even on the .18 warrant
The analyst is calling it at US $ 15 or C $ 19
If it get's to C $ 19 the intrinsic value of the warrant would be $ 10 ( now $ 1.71 ) or 584 %
so the warrant that's currently trading at .18 would go to $ 1.05
Meaning that if the stock hits $ 19.00 there's a 400 % return on the unlying stock
and a 584 % return on the warrant.
It works well for the warrant holder if the stock goes to $ 19 but not so well if it stalls at $ 10.74
You need more than a double just to break even !
I've been there before but never intensionally. LOL
Think I'd stick with the common.
westcoast1000 wrote: The deal is:
you need about 9.50 warrants to get one new share post R/S.
Do not be fooled by the price.