Post by
Notgnu on Apr 26, 2021 2:37pm
"A" warrant math
I am still on the bid for more A warrants if anyone wants to sell some.
My reasoning on the warrants is 3 x the commons currently equals about 63 cents
63 cents minus 28 cents (22 cents plus 6 cent warrant price) = 35 cents
35 cents divided by 6 cent warrant price = 5.8 X the investneny
Note: The risk is much higher due to the possibility of the shares staying below the 28 cent area and they could go to zero if the shares are below 23 cents by Jue 30 of 2022
Cheers,
Notgnu
Comment by
patchh on Apr 26, 2021 4:46pm
ok ! so what are we looking @ here ?? a "Bottle N Front of ME "~~! -or- a "Frontal Lobotomy" ?
Comment by
Notgnu on Apr 26, 2021 5:07pm
RU agreeing disagreeably or RU disagreeing agreeably?
Comment by
patchh on Apr 26, 2021 5:53pm
D Agree ! i will loose my compass if i hav to think the warrants will B headed to the abyss on stok price of 28.. in this case i will require either a bottle or a lobotomy scarry thoughts... i will B out in the pasture, swatting Flies w the cows if its less than 60-75 when the insruments flex...