Renaissance Oil Corp. RNSFF

Warrants

[kegman]

Okay, I know ferret will beat me but why would someone buy warrants at .13 or .14 when they can get the stock at .25-26?  Add .20 to .14 and you need  .35 to be in the money.  Now I believe ROE will be well beyond $1.00 by 2020 but still....if I am wrong and it gets to .38 and stalls...At this price I think the stock itself is safer.  Under .10 for the warrants I see value right now.

[ferret_ca]

the value is in the 3 year timeline til they expire and the extra leaverage you have during that time frame. what you say only makes sense if the warrants were going to expire in a very short time frame, I doubt you see any expanding to the .20 spread until you get to within a coupla months of expirery. here"s an example of your leverage from today. so lets say roe trades to .80 sometime

[ferret_ca]

in my last post on warrants, it should read you end up with and not you make as the final number in each scenario as it includes your original investment.  if you do the numbers  with just the profits the percentage gains on wts are even higher. so here are the true numbers assuming roe at .26 and the a wts at .13 as of yesterday roe at .80  profit .54    you make 2

[ferret_ca]

if you want a good comparrison on the warrants check out bbi and the bbi.wt.  those warrants are exercizable at .30   and have about 3.5 years left .  today the stock is at .39 and those warrants are trading at about  .205.  look at a chart comparing bbi to its wts over the past 2 years and you can see what could be p[ossible here https://web.tmxmoney.com/charting

[ferret_ca]

on that last post when in the chart you need to put in bbi.wt in the comparrisons and put up the 2 yr chart the link didn't work properly https://web.tmxmoney.com/charting.php?qm_page=1827&qm_symbol=BBI