RE:RE:RE:RE:RE:RE:RE:Patience with this oneNo you have it all wrong. You need 8 warrants to buy 1 share. Right now it seems odd because you look at the short term. Let's say you are thinking I buy 8,000 warrants @ 6 cents. Those 8,000 warrants are really only 1000 shares when you exercise them, so today it doesn't seem to make sense, because your break-even price is now, current SP 73 cents + exercise price 72 cents= $1.45 per share. It is only after the SP breaks above $1.45 that you will start to see the exponential growth of warrants. It seems they might be too confusing for you and perhaps you should stay in the shares. Consolidation makes it somewhat confusing, so don't feel insulted. You have to believe in the companies potential if you want to venture into their warrants. It is certainly more risky, and that is why it offers are bigger payout if all goes as planned ! To profit on warrants you have to get in early, before the SP breaks out, like now.
BoredAccountGuy wrote:
exactly. So each warrant for 5.5 cents is an option to buy the stock at 72 cents You don't need 8 warrants plus 72 cents to buy 1 stock that would make no sense