GREY:EPWCF - Post by User
Comment by
inviolablspiriton Feb 01, 2021 10:47am
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Post# 32435983
RE:people not understanding warrants
RE:people not understanding warrantsWith the recent news and the company guidance, one would think this stock should have blown by the $0.40 mark. Everyone with warrants to convert seem to want to convert them under $0.40.
The company guidance puts the year end revenue at about $50 million. By the time the warrents are converted they may add up to 350 million oustanding shares. Regardless, even with that total of shares the price for the stock:
5x earnings = $0.71
10x earnings = $1.43
15x earnings = $2.14
20x earnings = $2.86