GREY:NEVDQ - Post by User
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Notgnuon Jun 23, 2021 7:21pm
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Post# 33438974
RE:RE:RE:RE:RE:Warrants now leading the stonk >>>
RE:RE:RE:RE:RE:Warrants now leading the stonk >>>The warrants are pro-rata. The consolidation creates NO practical difference. 10 warrants for one consolidated stock vs one warrant for one not yet consolidated stock... or, if they decide, and I don't think so, is one consolidated warrant for one consolidated stock. No difference... just 10 dimes or one dollar.
N
patchh wrote: no ! the wts are diluted in this 10:1..the wts are a seperate instrument - security listing and are not directly tied to the stoks..
NCI has a listing for Wts and another for the common..
the wts are good.. except it takes 10 per tin cup share..
the american equivalent is convertibles or rag-tops; this is built into the original instrument/stok... you only need to hold the stok to convert...
i am a rank amature w these warrant menues... i hav seen some rather far flung price swings where they go ever unity and the strike price to purchase.. initial offerings and closing in expirations where the stoks are slammed up 20 to 25% for an exercise w sell..
we shuld see some of the market maker throttle, ease bak' going into july.. the mine wants the higher wrt price on exercise, and i will B looking for a stok price run-up last couple weeks in dec/jan...