RE: RE: RE: a little thing I put together for amusThanks for pointing out the warrants, Lucentio. I was not aware ofthem. The warrants are for purchase of AC shares at 2.20, expiryOctober 2012. With current share price at 2.20 and warrant price at.60, the following numbers compare returns on shares and warrants ifshare price increases. Keep in mind that if the price never gets beyond2.20, the warrants would expire worthless. That's the price ofleverage! I hope this comes out with decent formatting.
| | Warrant price ====> | 0.6 |
| | Share price ====> | 2.2 |
Share | Per Share | Warrant | Share | |
End Price | Profit | % Profit | % Profit | |
| | | | |
3 | 0.2 | 33% | 36% | |
4 | 1.2 | 200% | 80% | |
5 | 2.2 | 367% | 124% | |
6 | 3.2 | 533% | 169% | |
7 | 4.2 | 700% | 213% | |