GREY:BLKCF - Post by User
Comment by
marvelmakeron Mar 09, 2009 7:46am
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Post# 15829927
RE: Target Price = $6
RE: Target Price = $6I have a question since I hold abot 8000 warrants CHQ.WT that are due to expire next year - what will happen to the warrants usually in a buyout - do they become worthless or are they usually purchased along with the shares?
I noticed they are trading very low, since their exercise price is below $6, do they automatically become in the money if the pruchase price for CHQ is higher than their exercise price?
Appreciate any feedback at all on all the possibilities, if anyone knows.
Thanks;
Rob