TSX:EIT.PR.A - Post by User
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BuenaSuertaAtodon Jun 24, 2014 10:52am
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Post# 22689243
RE:RE:RE:RE:RE:RE:RE:RE:RE:Exercising Warrants - Help!
RE:RE:RE:RE:RE:RE:RE:RE:RE:Exercising Warrants - Help!dan, please let us know if your broker tries to charge a fee for exercising your warrants. Assuming that there is no warrant exercise fee, you will save $97.50 or so: (250 * $0.31 = $77.50 + commission = $87.50). You could sell 1000 warrants for $100, but there would be commission on that, so you'd only get $90. It ends up being a wash, so if you want more shares anyway, exercising the warrants makes perfect sense - in your case with 1000 warrants. GLTA.