Oncolytics Biotech Inc T.ONC

Warrants

[stoggertite]

anybody out there know the deal on the warrants. Listed at $.18

[Goaweigh]

What deal, what warrants ?

[westcoast1000]

The deal is: you need about 9.50 warrants to get one new share post R/S. Do not be fooled by the price.

[Goaweigh]

Your 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

[ferret_ca]

you are wrong on the warrants, in 2018 both the shares and the wts were rolled back 9.5 to 1,  1 wt now gets you 1 share.  cheers ferret

[ferret_ca]

https://www.canadianwarrants.com/company/o/ONC.html

[lonc17]

Regarding the warrants... YOU NEED 9.5 WARRANTS TO RECEIVE 1 SHARE OF ONC THis has been stated dozens of times but there will always be naive investors who invest without knowldege.  

[YegJeeber]

IONC17 - before you continue to dig yourself deeper into your hole of ignorance, straight from the most recent quarterly report. For the sake of your credibility, minimal as it is here, have your facts straight before committing yourself: "Liquidity and Capital Resources 2020 Financing Activities ... Public offering On August 16, 2019, pursuant to an underwritten public offering, 4,619

[lonc17]

Yeg,  I give up.  This will be my last post on this topic.   If the statement you cut and paste was still true then the warrants would be trading a hell of a lot higher. The warrants were affected by the reverse split.  YOU NEED 9.5 WARRANTS and about $9 to receive one share of ONC.TO "Each common share purchase warrant entitles the holder to purchase one common

[JohnnyYeg]

There is no reasoning with you. Fine - don't believe me. THEN GO TO THE COMPANY WEBSITE AND LOOK IT UP!! Or better yet, got to SEDAR and get the officially registered and submitted documents to them. Good lord.

[ferret_ca]

"but there will always be naive investors who invest without knowldege.  " I don't read the spamhouse bb's for my dd, I obviously didn't do enough dd on the wts as I was a bit rushed this morning but I did check the cdn warrants website 1st and on there it says 1 wt. converts at 9.50 on their chart and the blurb on the rollback said shares AND wts were rolled back in

[lonc17]

Ferret,  I agree that Canadianwarrants is terribly misleading and it will likely cost people money as a result.  I'm glad your futher research has provided enlightement.   It is hard for me to believe that a poster like YEG believes what he is saying.  Most likely he is luring in others with false info in order to sell warrants he no longer wants.  

[canadafan]

The 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

[YegJeeber]

If that is true, I stand corrected. Only went off what I found on the 2020Q3 document. If I misinterpreted the document that is on me.

[ferret_ca]

just to confirm that without a doubt the warrant conversion is 9.5 wts for 1 common sh onc  with an exercise price of 9.03. I recieved an email from Kirk in IR at ONC this morning confirming it. I had asked him to clarify and sent him the link from the cdn warrants website showing the 1 for 1 conversion, here is his answer. Kirk Look

[Goaweigh]

It does take a moment to figure it out because 9 times out of 10 when one financial instrument is rolled back they are all rolled back, warrants and options. This time was differant. So If anyone doesn't understand what they're buying when buying the warrants here it is again.

[ferret_ca]

this is such bull s__t post this effin idiot is telling people to go by what 2 spamhouse bb posts to confirm the wt situation. Goaweigh ,  post an official nr from the company on this or from sedar , not some bs from this website if you expect to be a credible poster. you are most propably correct on the wts , however , your spamhouse evidence means SWEET F - - K  ALL.  

[Goaweigh]

It's just my opinion , I don't give a fuc if you like it or not and I don't owe you anything. Do your own DD and post your own opinion. Where's your value add you useless moron ?