GREY:NEVDQ - Post by User
Comment by
Notgnuon Jun 23, 2021 7:37pm
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Post# 33439036
RE:RE:RE:RE:RE:RE:RE:RE:Warrants now leading the stonk >>>
RE:RE:RE:RE:RE:RE:RE:RE:Warrants now leading the stonk >>>Of course you would not do this currently because you would give up your time value in the warrant but if the stock goes to 50 cents or $5.00 post consolidation then you will (at 6 cents) get 30 cents for your 6 cent warrant thus a 500% return (+ - market dislocation)
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Notgnu wrote: Right now you need to present one warrant plus 20 cents to buy a share. After you will need ten warrants and 2 dollars to buy one consolidated share currently worth $2.35 post consolidation relative price.
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Newtrader1982 wrote:
thanks notgnu so right now it's 10 for 1 before consolidation but after consolidation it will likely just be 1 for 1 share do I have this correct?