OTCPK:EMMBF - Post by User
Comment by
QcTraderon Mar 14, 2019 6:50am
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Post# 29483621
RE:RE:there goes Alef...Market makers bring it down...
RE:RE:there goes Alef...Market makers bring it down... 10 000 warrants at .30c = 3k$
you end up with 8377 warrants of ALEF for 3k$ = 0.36c per warrants
8377 warrants in the money from 1.75 to 2.21$ (actual ALEF share price)
imo those 8377 warrants should be valued in the range of 0.65$ each considering they are .46c in the money plus they have some expiration left.
Those warrants IMO are golden at those levels versus actual stock share price.
good luck folks!
Fortune Favors The Bold!
ArthurVandelay wrote:
revelationI8 wrote:
what a ripoff for for us!!!..damn same old games with the markets...I knew it when you have one of those types of deals...I wish they said you will get certain amount per share not based on future price of the stock...I am sure if this was done today and Alef offer to buy EMC it would be a different story...oh well .8377 per share doesnt look so good now eh???...500 dollar difference base on every 10k shares of emc...wow NOT!!!! BS!!!
You're talking about a cash buy out instead of an "all-share" transaction. Remember, EMC was only valued at $1.21 based on the premium announced in December; and that would be a terrible cash buy out.
Unless you were planning on selling your new Aleafia shares immediately, these daily price fluctuations don't mean much. You're getting the same number of shares (again).