TSX:MMP.UN - Post by User
Post by
1annacotsteel1on Jun 25, 2010 11:25am
342 Views
Post# 17221660
The warrants: Why is anyone selling here???
The warrants: Why is anyone selling here???the intrinsic of the warrants is at least $1 based on the NAV. The non diluted as of yesterday was $9.01, so the diluted still have to be at least $1. Strike price is $7.42 for these things.
SMF is up today as are all gold stocks, so why in the world would you sell in the 85 cent range???
I'd buy more here but I wouldn't be able to afford to buy the units because I have too many warrants already.