TSXV:TEK.RT - Post by User
Comment by
KingBillon Jun 06, 2017 11:40am
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Post# 26329813
RE:RE:Math
RE:RE:MathSorry but I do not quite get your calculation. If you buy the rights @0.005 and exercise it now, after consolidation you will end with 1 option (cost @0.005 and expire in 5 years) plus 1 share with cost 0.0375 ($0.015*2.5=0.0375). So I think your original calculation is correct.
jevs wrote: Sorry 'bout that! I made a mistake. If you are buying the rights for .005 cents you will end up with post consolidtion shares at 5.625 cents. So you are better off buying shares on the open market at .02 now.