RE: RE: RE: RE: Not to be morbid, but . . .Seven,
Most definitions and explanations found on the internet for options and warrants are about derivative products from large publicly traded companies. These products are available and accessible to all on your trading plateform. But options and warrants issued by small companies like OPEL are internal products non-accessible to all investors.
Options and warrants for OPEL (and others venture cpnies) have both exactly the same characteristics except that the warrants are issued for financing and the options are incentives for insiders. If I'm right, warrants are issued by the investment bank and options are issued directly by the company.
In both cases, they increase the OS when exercised and the holder has the option to sell immediately or not. In both cases, they die at the expiration date if they are out of the money. But in the case of warrants, an extension can be granted. This is the case for the 7.5M warrants @1.88 already extended from dec 2009 to dec 2011.