RE:RE:RE:RE:RE:RE:RE:RE:RE:0.165?! Wth Yes, that sucks... Hopefully, others dont have that constraint.
For my part I held ART over a year ago shortly before it had that explosion to $1. All in all I had purchased shares around 0.20, prior to the boost, and then around 0.70, 0.50ish, averaging 0.38. It then went to low 0.30s but bunted back up to 0.40, at which point I pulled the plug on my position (thankfully).
Since then Ive been montoring, without getting back in, until last week, when I bought a good sized position in warrants, at 0.045, which run until March 17th 2024 - which gives me a lot of runway.
If the sp rises to 0.70 holders of warrants may have to exercise them but, if so, the warrants should be worth around 0.60, or roughly a 12x mark-up from the current price, whereas the sp would only see a roughly 4x mark-up. So time is on my side, while the downside is relatively limited. So a decent risk management approach, from my perspective.
GLTA
Synthesizer303 wrote: Yupp, right, but regrettably i can't trade warrants in the country where i'm living ;-)