Calfrac Well Services Ltd T.CFW

why isn't the share price up?

[leo101]

getting 15 cents and cash plus 2 warrants exercisable at 5 cents should nudge it over the 15 cent share price, no?  or will the warrants be worthless after a big share consolidation?

[BobTheKnob2]

$0.15 + 2 warrants does not mean the share price will raise above $0.15 unless there is concensus that there will be a higher priced offer. The warrants always will have some value, but only once they are in your hand. The question is will the $2.50 per share (or $0.05 before consolidation) hold and trade above that price to allow the holder to exercise. Presumably there is a 50:1 consolidation

[hattar12]

how many shares shareholders cn buy on 2 warrants, will there be limit?

[BobTheKnob2]

If you read the press release it states this the second bullet point down, followed by third, and fourth after the header. Here they are point 2, 3, and 4. They should answer your question for you: Shareholders can elect to receive $0.15 in cash per Common Share AND receive two Warrants   Alternatively, Shareholders can elect to retain their Common Shares AND

[hattar12]

Wilks offer is still the better offer, not sure where things will settle.