GREY:NEVDQ - Post by User
Comment by
patchhon Feb 10, 2021 6:52pm
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Post# 32532852
RE:RE:NCU.wt.A is moving up a little
RE:RE:NCU.wt.A is moving up a little
warrnts don't hav a symetry w the stok.. there i an intrinsic value..
they will have a market a few weeks before exercise..
the new warrants are european warrants - sold in switzerland and hav to be exercised for the stock.. be care fulll some brokerages will mak u play cash to buy the stok and redeme w coupon.. the european/swiss style are more akin to bearer bonds..
nonethe less the warrants are ragg-tops or in the US convertibles..
the first warrant series NCU is a call warrant and will get fiesty last couple of weeks as the stok price rises the warrant may go over the price of the stock.. in which case U can sell/exercise..
somebody here can probably better explain this