GREY:ARWJF - Post by User
Comment by
davproon Apr 16, 2014 10:49am
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Post# 22458018
RE:RE:.29-.32
RE:RE:.29-.32Well its just too bad they didn't include a mandatory exercise clause once the SP reaches a certain price. For the moment they could simply hang onto the shares untill the end of Dec regardless of the SP. For example lets assume that the SP reaches .42... well they could still hang onto the warrants without risking their .30 and if it then looks as though the price might downdraft from there they could simply short and cover. Without a mandatory exercise price there is no gaurantee that ARW will recieve any money for these warrants... as a matter of fact it almost gaurantees they won't.