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Peregrine Diamonds Ltd. PGDIF

"Peregrine Diamonds Ltd is a diamond exploration and development company with interests in diamond exploration properties located at Nunavut and the Northwest Territories in Canada and The Republic of Botswana."


GREY:PGDIF - Post by User

Bullboard Posts
Post by aea257on Sep 17, 2014 4:26pm
139 Views
Post# 22945612

Have I got this figured out?

Have I got this figured out?This may have been explained before but let me see if I have this figured out. 
If  I sell 100,000 shares @ $0.24=$24,000.00
I then buy 200,000 rights@ 0.015=$3000.00
I exercise my rights(/2) @ $0.21= $21000.00
I now own the same amount of shares for the same cost however I also have 100,000 warrant shares I can exercise for $0.21 with in the next 6 months
Bullboard Posts