GREY:NEVDQ - Post by User
Post by
Notgnuon Apr 26, 2021 2:37pm
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Post# 33067983
"A" warrant math
"A" warrant math I am still on the bid for more A warrants if anyone wants to sell some.
My reasoning on the warrants is 3 x the commons currently equals about 63 cents
63 cents minus 28 cents (22 cents plus 6 cent warrant price) = 35 cents
35 cents divided by 6 cent warrant price = 5.8 X the investneny
Note: The risk is much higher due to the possibility of the shares staying below the 28 cent area and they could go to zero if the shares are below 23 cents by Jue 30 of 2022
Cheers,
Notgnu