RE:RE:RE:RE:RE:RE:RE:WarrantsThe warrents:
A few years back, I was quite certian the warrents were 1 for one on shares.
Called Micahel Moore of then ONC I.R. he got back to me pronto.
The ONC warrents were not adjusted during the R/S and as such you need 9.5 warrents to buy one share. That-said:
The value is still there if the Sp gets above the strike price.
Just not as lucrative as you think.
and the warrents sold on the TSX are not the same warrents on the nas. Different series etc.
Moving on, because IMHO the warrents are a red-herring right now.
Oncolytics biotech is at the cross roads of a great opportunity.
Mangenent has been dead silent months.
Meaning:
They have nothing to say or are in a media black-out due to a deal negotiations.
The recent trading voluem: Notable the cross 2 weeks ago at $3million, indoates institutions are on the buy.
The rating of $15 Ps indicates institutions are following.
One good N.R. and the price will move & stay above $10Ps.
hang in all, and have a safe & healthy week.