GREY:RNSFF - Post by User
Post by
bigreturn11on Feb 26, 2018 3:08pm
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Post# 27623040
warrants roe.wt.a
warrants roe.wt.aWhats up?? The shallow wells must have been a success. ROE now has adequate funding for 1-2 deep wells and several shallow wells plus tie-ins for the recent re-entires wells following the recent Haywood PP (according to IR). The deep could be the slam dunk opportunity.
Keep an eye on the A warrants, trading at $0.11 and they are excercised at $0.20 until October 2020. The time value is only worth $0.02 according to the market....you get leverage of nearly 3 x the shares for the same dollar amount.
Anyone have their black scholes calculator handy to determine the warrant value?