Warrants: 1.2 m shares; Exercise: $2.25, Expire: DI should have bought some warrants when I bought the common shares yesterday. It has 3 and half years to expire, which is very long and good.
When ZAZ did its IPO at $1.7 in Dec, 2007, it had nothing then. Now, it has so huge reserves, I'd think $0.30's are ridiculous. I won't say it'll go to $1.7 or $2 in a night, but it should go higher from here, a lot higher.
I hope I would have chance to buy some warrants next week.
Good weekend to all.