RE: RE: if warrant B was purchased at 2.50$/share So warrant B has a strike price of 5$/share for oct 19th 2015. I buy 100 shares worth 500$. The SAND share price is 10$ theoretically at this time.
Scenerio A: SAND is worth 4.99$ Oct 19th 2015. I lose my 500$.
Scenerio B: Sand is worth 5.01$ on oct 19th 2015. I keep my 500$.
Scenerio C: Sand is worth 25$/share at this time. So 25$ -5$= 20 X100$ overall cash of 2000 for a profit of 1500$ on my original 500$ investment.
I think I get it.