GREY:ETPHF - Post by User
Comment by
likesmoneyon May 30, 2011 3:32pm
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Post# 18645815
RE: RE: FED warrants offer great leverage
RE: RE: FED warrants offer great leverageYou still have to pay the company 75 cents for each warrant to turn it into a "real share" of the company. If you see this company really doing something (& you have the cash), then you are better to just buy "common shares" off of the market and hold them for another 16 months (same time as the warrants have to be exercised).
30 cents plus 75 cents equals $1.05 per common share. Last week you could have bought a common share for under 70 cents.
Not sure if you are really winning on buying warrants.