GREY:NEVDQ - Post by User
Comment by
Notgnuon Jun 22, 2021 6:52pm
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Post# 33431661
RE:RE:RE:RE:RE:Last trades of the day
RE:RE:RE:RE:RE:Last trades of the dayOr 10 toonies vs a $20.00 bill for us CADadians
Notgnu wrote: West. I am not quite following. As far as I can tell the time value diminishes to zero in say the last week, thus leaving only the intrinsic value, which is almost 1 for 1 the stock price minus the excersise price, no?
As for the 10:1 that is just a question of whether you have 10 dimes in your pocket or one dollar bill. The dollar bill is a little easier to move around but otherwise the same.
Is there an additional factor to play into this that I am missing?
N
westcoast1000 wrote: patchh,
You mean after the split? As far as I can tell, or at least what I expect, is that you need 10 warrants (Jan series) and $2.00 to buy a consolidated share. So the time value would be $1.80 at stock price of $4. The warrants would trade at a price below that at some discount. We can say that if the consolidation has more time value, the price would be higher, so it would be better if they consolidated in say September rather than December.