OTCPK:FRTX - Post by User
Post by
SLD11on Dec 16, 2019 10:50am
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Post# 30459153
help with warrants pls
help with warrants plsHi Folks, My understanding is that each warrant (there are 17mil o/s after consolidation) can be exercised at $3.00/unit. As such, doesn't that mean that after $3.00 share price, warrants are "in the money cent for cent. That is, if share price hits $3.40, then warrants are minimum worth 40 cents? Clarity please. Thanks in advance, SLD