GREY:RNSFF - Post by User
Comment by
ferret_caon Nov 10, 2017 4:08pm
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Post# 26942706
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Why is ROE going up?
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Why is ROE going up?
actually the A warrants are "in the money". exercisable at .20 with the stock trading at .32.5, that puts them at .125 "in the money" at this time. athe roe.wt are out of the money by .175 as they are exercisable at .50.
timeline is worth a fair bit and this being about 3 years on the A wts it is worth a fair bit. IMHO they should be trading at .20 or more at this point so I disagree 110% with your comment about exuberance on the a wt.s maybe on the .50 wts but definiotely not the .20 wts they are undervalued at this time. I would agree with you if we were 1 month or so from expiry but 3 yrs,, you waaaay out to lunch on this imho, I get that you don't like warrants but you totaly don't get the timeline value here. look at some other warrants and compare, this is a great deal.
cheers ferret