OTCQX:SREMF - Post by User
Comment by
Smartcentson Dec 22, 2010 12:58pm
273 Views
Post# 17883161
RE: Question about the warrants
RE: Question about the warrantsIf you own a warrant, you can trade it , if you want unil sept. 30/11, or you can use it and excercise your right to buy a share for .80 , So, if you can buy a warrant for .60 today, and excercised your right to buy a share for .80, that is a total of 1.40 cost to you for a share...If the stock is at 5.00 then, you will make 3.60 right away on your investment....if it is at 1.40, you are breaking even...hope this helps...