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Bullboard - Stock Discussion Forum Alpha Minerals Inc ESOFD

GREY:ESOFD - Post Discussion

Alpha Minerals Inc > warrants
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Post by toriddog on Feb 09, 2013 10:15am

warrants

The company is in the process of giving all holders of warrants 20 days the exercise their options or they expire. Currently there are a total of 2,448,356. warrants outstanding at various prices. This will increases o/s shares to roughly 20 million. Anybody have any guess at what affect this will have on the share price when the markets open Monday? Press release made after close on Friday.

Toriddog

Comment by losecash on Feb 09, 2013 10:35am
A small bump in the road. 
Comment by bridgetonowhere on Feb 09, 2013 1:43pm
It works out to six of one, and half a dozen of another.  Some of that paper was probably dated and would have expired worthless (haven't actually looked at it though), if the value of the company hadn't increased.  So you either have a company with some worthless paper for it's holders, or a company that's worth more with some "in the money" paper.   The ...more  
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