Post by
TheLandedEagles on Mar 29, 2024 11:26am
Warrants..(Vers.wt.a) biggest Impact!!!
The warrants here will have the biggest impact gains. Warrants are current way in the money, with a conversion strike price of $1 dollar, on the current share price closing yesterday of $1.43/share. Warrants expire next August 2025..and seeing the common shares hit that $3.70/share last June2023,...and the warrants going to the high of $2.70 at the same time...DO THE MATH. Warrants are currently trading at .50 cents as yesterdays close. Warrants will provide over close to 400% gain!!!
Example:
Common Share price goes up 100%...From $1.43 to $2.86 = 100% Gain
Warrant price goes up 370%...From .50cents cost today to $1.86 value, factoring in strike conversion of $1 dollar = 370% Gain... ( No one has to exercise ) its an option, you can trade these..
Math is Math...my bet also is to consider the warrants with the commons..if you can get them with large buy orders..I Own Both, and think is a wise bet,...ONLY if you like the merits of VERSES the company...and its potential success in AI space...I bet they succeed...Good luck to all!!!!!
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