RE: If you're Long on VST.. Buy Warrents!!You are using flawed math in your comparison. You comparing a $5700.00 investment in shares at current price of
.57 as opposed to a total investment cost of $17,100.00 for the warrants. Here is the correct comparison.
30,000 shares at
.57 = $17,100.00
30,000 shares X $5.00= $150,000 minus your original investment of $17,100 equals a profit of $132,900.00.
22,800 warrants at a total cost of
.75 per share = $17,100.00
22,800 shares X $5.00= $114,000 minus your original investment of $17,100 equals a profit of $96,900.00.
If you are long on VST you would make an extra profit of $36,000.00 by investing your $17,100.00 now at
.57 per share.
FYI I am now holding 140,000 shares.
Good luck.