GREY:INNHF - Post by User
Post by
chendiggleron Apr 08, 2016 9:52pm
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Post# 24747409
Warrants went from $0 to $0.23 in 1 trading day
Warrants went from $0 to $0.23 in 1 trading dayWhen this stock closed yesterday at $.105, and Kootenay was trading at $.315, the shares of Northair where trading at a slight (.005) discount to the takeover price.
And the warrants at that price were free, or being valued as such.
From this morning's open to the close at $.15, the warrants have gone from being valued at $0 to being valued at $.23 per warrant. And they crazy thing is, that doesn't seem like a very high price to pay for the opportunity to purchase Kootenay shares at $.55 for the next 5 years.