Alio Gold Inc. T.ALO

ALO.WT verify valuation

[ChaseYourDream]

I have some former tmm.wt warrants and have been waiting to learn how the consolidation affects their valuation. Now they appear to have been revaluated at 1:1 as alo.wt on the same terms... meaning for a current price of .175 a warrant I can buy ALO shares anytime before next May at a guaranteed price of $7.00 CDN/share.

Maybe my math is off, but is not this a massive increase in their valuation,? As a pure ratio $1.75 a warrant would reflect the premium warrant owners were willing to pay before the consolidation.

I would appreciate a seasoned warrant-investor's perspective on this.

[dieter216]

Likely scenario is it will take 10 warrants to buy 1 share of Alio at $7.00. That would make most sense to me.

[jjjorge]

Warrants were revalued at 10:1.  This message to warrant holders below is directly from Alio gold: "On May 12, 2017, the shareholders of Alio Gold Inc. (“Alio”) approved the consolidation of Alio’s issued and outstanding common shares on a 10:1 basis (the “Consolidation”). Pursuant to the terms of Alio’s warrant indenture dated November 30, 2016 (the “Indenture”), the outstanding