Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Yellow Pages Ltd T.Y

Alternate Symbol(s):  YLWDF

Yellow Pages Limited is a Canadian digital media and marketing company. The Company offers targeted tools to local businesses, national brands and consumers, allowing them to interact and transact within the digital economy. It offers small and medium-sized enterprises (SMEs) across Canada full-serve access to a comprehensive suite of digital and traditional marketing solutions, such as online and mobile priority placement on its digital media properties, content syndication, search engine solutions, Website fulfillment, social media campaign management, digital display advertising, video production, e-commerce solutions, as well as print advertising. Its media properties, primarily desktop, mobile and print, continue to serve as effective marketplaces for Canadian local merchants, brands and consumers. The Company holds local online properties, including YP.ca, Canada411 and 411.ca. It also holds the YP, Canada411 and 411 mobile applications and Yellow Pages print directories.


TSX:Y - Post by User

Bullboard Posts
Comment by YoungInvestor89on Aug 18, 2020 11:51am
137 Views
Post# 31423027

RE:RE:RE:RE:RE:RE:RE:WHO IS BUYING MORE WARRANT'S.?

RE:RE:RE:RE:RE:RE:RE:WHO IS BUYING MORE WARRANT'S.?Nice post but you're wasting your breath. This guy (ariesleaf) has the intellectual capacity of a root vegetable.

99gecko2 wrote:
 
ariesleaf - (8/18/2020 10:19:32 AM)

"Just put in an order at 0.38 for 1000 share's ."

 

Hello ariesleaf. 

That is not how warrants work. You put in an order to buy 1000 warrants at $0.38, not shares.

Each warrant allows you the priviledge to exchange the warrant for one common share at the strike price of $28.16. Therefore if you exercise your right to exchange to common shares, the total acquisition cost per share would be $28.16 + $0.38 (if that transaction is completed) + associated prorated fees, or for this order amount ~ $29K.

I don't know your investing experience, but thought since it appears you are making very small transactions, you might not have the equity backing to support the conversion to common shares, and therefore I would point out the significant difference between warrants and shares.

Warrants should be considered equity, but rather a call derivative contract. A corporate balance sheet typically identifies warrants as debt.


 

 



Bullboard Posts