RE: NGD warrants
WT.D - very short time to expiry( Dec 11th ) Need a stock price of $3.50 to break even.
- a long shot bet on an immediate and substantial rally. It's all or nothing very quickly.
WT.AorB - Have a long expiry date but the exercise price is so high that you might just as well
buy the stock for now. Wait for the stock to get closer to the $15 exercise price and
then see if it is attractive.
WT.C - The warrants cost as much as the stock and the exercise price is $9. Forget it!