RE:RE:RE:warrant infoEleanor wrote: The JET.WT is not a 1.5 conversion.
It is a straight 1:1 and that is what you are buying at .30
The reference to the 1.5 in their news was when their common was rolled back.
Everyones warrants were rolled back as well.
So the short answer is the .WT makes the most sense given they are valid until September, 2019
The conversion is 1:1 and for a 37.5 cents warrant exercise plus todays purchase price of .30 you have a .675 share price lock with over a year and a half of time. If they execute on time their share price will be 2.00+ in a year. Plus for the same investment $ you can own twice the position. I sold all my common and bought those warrants. No brainer.
I'm totally confused.And it has nothing to do with your post. I had warrants from the merger with JET metals that I already owned in the Metals company; long before the airline came into being. They became trading under the warrant symbol. I have two other sets of warrants with different exercise dates that aren't trading. These warrants expire January 18th and March 23rd of 2018. My brokerage house was pulling their hair out. Five sets of warrants under four different names in my accounts both pre-merger, along with shares in both companies pre-merger, plus the rollbacks and the like. It took them four months to get it all figured out.