OTCPK:NSRWF - Post by User
Comment by
schocoron Aug 27, 2020 5:44pm
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Post# 31467275
RE:RE:RE:RE:COral Takeover is a real winner
RE:RE:RE:RE:COral Takeover is a real winner My guess would be that the warrants would be "free trading" - meaning they could likely trade as NSR.WT. This is usually how it works. Even with the run up to $1.14 today, there is still a bit of a trading discount on the coral shares vs the NSR shares. 1.71 is not that far out of the money - and times are weird - but in my experience the warrants that you get with a deal like this are never redeemed for shares - ie there is never an intrinsic value by the time they expire. The best move will probably to be to sell those warrants as early as possible; but I sure hope I am wrong.