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Bullboard - Stock Discussion Forum Greenlane Renewables Inc T.GRN

Alternate Symbol(s):  GRNWF

Greenlane Renewables Inc. is a Canada-based company, which provides biogas upgrading systems. Its systems produce clean, renewable natural gas from organic-waste sources including landfills, wastewater treatment plants, dairy farms, and food waste, suitable for either injection into the natural gas grid or for direct use as commercial vehicle fuel. The biogas upgrading systems, marketed and... see more

TSX:GRN - Post Discussion

Greenlane Renewables Inc > Warrant Holders
View:
Post by retiredcf on Nov 30, 2020 2:08pm

Warrant Holders

Just a bit of education for any of you out there who are holders but don't really understand how they work. Your wts are currently worth $0.91 (Share price - Strike price or $1.17 - $0.26). I see that there are still bidders trying to steal them for $0.85. Do not sell to them. If you desperately need the cash, then sell for $0.91 but you won't be receiving any value for the 6 months they still have to go before expiry. GLTA
Comment by tomorrow7 on Nov 30, 2020 2:29pm
Thank you for the information.
Comment by tomorrow7 on Nov 30, 2020 3:38pm
Excuse my ignorance ,I am a Novice. What are warrents and what expires in 6mths?  Thank you.                                                                           I bought the stock.
Comment by retiredcf on Nov 30, 2020 3:49pm
Google can give you a complete description of how they work. Briefly, some companies offer warrants and they are essentially an option that allows you to purchase the stock in the future. The upside is leverage because you can purchase many more wts than shares for the same amount of money. The downside is that the stock must do well for your wts to do well. All warrants have a strike price and an ...more  
Comment by tomorrow7 on Nov 30, 2020 4:10pm
Thank you, much appreciated, i think I will stay with what I know.                                                                                               ...more  
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