GREY:ESOFD - Post by User
Comment by
letsgetreadyon Apr 10, 2013 1:04pm
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Post# 21237218
RE: RE: WARRANT VALUE
RE: RE: WARRANT VALUE ???
875K warrants are estimated to be worth $702K (35 cent 1/2 warrant value ) to $1.3 million (75 cent 1/2 warrant value) based on a Black Scholes option valuation (as they are "out of the money" this value represent an estimate of the time vlaue of the warrants for the 2 years that remain once issued).
The warrants are unlisted and unissued. As such, how can they be apart of the current market value, which, by the way, is over $75 million.