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Renaissance Oil Corp. RNSFF

Renaissance Oil Corp is engaged in the acquisition, development, and production of oil and natural gas in Mexico. The group's properties include Mundo Nuevo, Topen, Malva, and Ponton.


GREY:RNSFF - Post by User

Comment by ferret_caon Nov 10, 2017 4:08pm
124 Views
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
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