Alabama Graphite Corp. Com ABGPF

RE:RE:RE:RE:RE:RE:warrants

[RockLobster1]

birdie22 wrote: Here is my thinking.
WWR share price Dec11 = US$ 1.14 x .08 = 0.0912 UScents x FX 1.28526 = CD$ 0.117 cents.
Warrant ratio in CDN .20 cent exersise /.15 share Unit price  = 1.33 x 0.117 = 0.156 cents new W price.
new W exersise price 0.156 /.08 = CDN$1.95 /1.285 FX= US$ 1.52 for new share.

I'd like you to be correct but I don't see it... 

My calcs are...

20 cents cad exercise price divided by current value of 11.7 cad is a ratio of 1.71.  ie price must rise 71% to get to 20 cents cad.

Then use that on the deemed current price of Wwr....  1.71 x 1.14 =  1.95 USD.

We were over 20 cents not long ago...  The main thing that sucks is just the .08... Should be a premium, not a discount to the all time low.  That said the qqq listing is a plus and it could work out, just want a ratio of .10 or so.