Post by
SecondLast on Jan 04, 2021 9:59am
Wow the Warrants are trading under intrinsic value!
warrants have 3x the upside at this price and they are trading below conversion value thats insane!
Comment by
lscfa on Jan 04, 2021 10:08am
Accelerated expiry if sh price is above $1.20 for 20 days......
Comment by
SecondLast on Jan 04, 2021 10:44am
Yup but you could pay .40 right now +.85 to convert and its still cheaper than the 1.26 for the commons
Comment by
SecondLast on Jan 04, 2021 10:48am
Definitely limits the potential slighlty but I still prefer to put in the lower amount up front and hope they have a big announcement in the next 20 days
Comment by
SecondLast on Jan 04, 2021 10:55am
Actually I guess it would be over the next at least 60 days because we need 20 straight days, plus 10 for notification of the 30day expiry. I still like them a lot better with the share price movement
Comment by
BoatyMcBoatface on Jan 04, 2021 11:50am
These warrants = the best deal in town right now.
Comment by
SecondLast on Jan 04, 2021 3:50pm
It said in the news release its related to VWAP, 20 consecutive days of VWAP over 1.20 i think. Today is 1.188 as of right now. Managements best chance to make money is with the highest share price too. If we got and in-kind buyout, im game depending on the company and premium.
Comment by
Ochung230 on Jan 13, 2021 9:03am
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