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World Kinect Corp V.INT


Primary Symbol: WKC

World Kinect Corporation is a global energy management company. The Company is engaged in offering fulfillment and related services across the aviation, marine, and land-based transportation sectors. It also supplies natural gas and power in the United States and Europe along with a suite of other sustainability-related products and services. Its segments include Aviation, Land and Marine. Its Aviation segment provides aviation-related service offerings, which include fuel management, price risk management, ground handling, 24/7 global dispatch services, and trip planning services, including flight planning and scheduling, weather reports and overflight permits. Its Land segment offers fuel, lubricants, heating oil, and related products and services to commercial, industrial, residential and government customers, as well as retail petroleum operators. Its Marine segment markets fuel, lubricants, and related products and services to a base of marine customers.


NYSE:WKC - Post by User

Bullboard Posts
Post by bjhernonon Apr 12, 2011 1:29am
428 Views
Post# 18417351

Warrants

WarrantsFrom the last financials there were 8 million warrants priced at 10-cents due to expire in June of this year.  I know the news release near the end of March mentioned that the company had paid down debt by converting it to shares and cashing in warrants and options - so perhaps those 8 million are already in the till.  There are still be another 26 million warrants with staggered exercise dates through October, 2012.  The insider selling today could very well be a prelude to exercising warrants or options (11.4 million options at various prices from 10 - 16 cents and with 9 to 21 months before cash-in).
Bullboard Posts