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Walter Energy Inc WLT



NYSE:WLT - Post by User

Post by WarrantGuyon Sep 07, 2011 10:41am
461 Views
Post# 19017719

WLT.WT

WLT.WTstock going to $115 but why is anyone buying the Canadian listed warrant.
I found terms posted on-line that has incorrect conversion terms.
These are carry overs from the old Western Coal warrants and they convert mostly into cash now.
Terms are $7.09 cash and .011447 shares of stock. At last sale warrant buyers are paying north of $300 for the stock.
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