GREY:ALXDF - Post by User
Comment by
Schmobyon Jun 25, 2018 4:23pm
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Post# 28226240
RE:RE:RE:Warrants
RE:RE:RE:Warrantsgoldopportunity wrote: Good post GH -- sounds reasonable re: another PP. I'm not an expert either in the finer details of warrants, but I have a question for you and the board: Can ES's warrants that were in the money, be retroactively exercised being presently out of the money? goldopp
Warrants can be exercised at any time if you are willing to pay the exercise price of .09, in this case it makes absolutely zero sense and will never happen. At best he would take part in a new PP at .03-.04 and new warrants at .06 but in all honesty I don't see that happening either. He will support a buy out/merger/take over before dropping another red cent on AZX. The saying would be throwing good money after bad.